Tear Down the Walls Ministries Inc

Analysis

Tear Down the Walls Ministries Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in November 2005, 21 years ago. 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, Tear Down the Walls Ministries Inc reported income of $109k and spending of $85k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $69k to $109k (+58%), an average of +58% a year. The sharpest change came in the year to December 2023, when income rose by 58%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Tear Down the Walls Ministries Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 37th percentile within IN. Charities of a similar size with the same main cause include Parent Booster USA Inc ($109k), World Outreach ($109k) and PTA New York Congress ($109k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 52% of the total. At year end it held assets of $44k against liabilities of $2,606, net assets of $42k.