Towns County Cooperative Ministries Inc

Analysis

Towns County Cooperative Ministries Inc is a registered charity in United States, based in Young Harris, GA. It received its IRS tax-exemption ruling in March 2010, 16 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, Towns County Cooperative Ministries Inc reported income of $102k and spending of $155k, spending 152% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $114k to $102k (-10%), an average of -10% a year. Over the whole period it spent 135% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Towns County Cooperative Ministries Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 39th percentile within GA. Charities of a similar size with the same main cause include Bringing Justice Home Inc ($102k), Shreveport Independent Living Inc ($102k) and Baton Rouge Corvette Club ($102k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $82k against liabilities of $2,110, net assets of $79k.