Triumphant Living Ministries

Analysis

Triumphant Living Ministries is a registered charity in United States, based in Cleveland, TN. It received its IRS tax-exemption ruling in November 1995, 31 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Triumphant Living Ministries reported income of $351k and spending of $367k, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $307k to $351k (+14%), an average of +3.3% a year. The sharpest change came in the year to December 2022, when income rose by 111%. Over the whole period it spent 87% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Triumphant Living Ministries sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within TN. Charities of a similar size with the same main cause include Sandra Kennedy Ministries Inc ($351k), Millennium Kingdom International Embassy Inc ($351k) and Gods Daily Word Ministries ($351k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 30% of the total. Compensation of current officers, directors and key employees was $131k (36% of expenses). Other salaries and wages came to $34k. At year end it held assets of $130k against liabilities of $18k, net assets of $112k. It reported 2 employees.