Team 5 18 Ministries

Analysis

Team 5 18 Ministries is a registered charity in United States, based in Abita Springs, LA. It received its IRS tax-exemption ruling in September 1991, 35 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Team 5 18 Ministries reported income of $240k and spending of $256k, spending 107% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $300k to $240k (-20%), an average of -4.4% a year. The sharpest change came in the year to June 2020, when income rose by 32%. Over the whole period it spent 98% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Team 5 18 Ministries sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 56th percentile within LA. Charities of a similar size with the same main cause include I Have a Dream Foundation-Dallas ($240k), Nationwide Athletes Inc ($240k) and A Fair Shake for Youth Inc ($240k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $103k (40% of expenses). Other salaries and wages came to $66k. At year end it held assets of $99k against liabilities of $99k, net assets of $0. It reported 3 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.