Lets Start Talking Ministry
Analysis
Lets Start Talking Ministry is a registered charity in United States, based in Hurst, TX. It received its IRS tax-exemption ruling in July 2001, 25 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Lets Start Talking Ministry reported income of $978k and spending of $813k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.7m to $978k (-42%), an average of -13% a year. The sharpest change came in the year to December 2021, when income dropped by 58%. Over the whole period it spent 79% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Lets Start Talking Ministry sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 83rd percentile within TX. Charities of a similar size with the same main cause include National Community Foundation ($978k), Good Shepherd Mission 1 ($979k) and Cross Connecting Network ($978k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 43% of the total. Other salaries and wages came to $420k. At year end it held assets of $1.2m against liabilities of $117k, net assets of $1.1m. It reported 6 employees.
Income and spending
Where the income comes from
- Contributions & grants 47%
- Program services 43%
- Other 10%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| National Community Foundation | Wilmington | $978k |
| Good Shepherd Mission 1 | Federal Way | $979k |
| Cross Connecting Network | Mt Pleasant | $978k |
| Nueva Providencia Ministries Inc | Deland | $980k |