Truth Driven Ministries Inc

Analysis

Truth Driven Ministries Inc is a registered charity in United States, based in Alvin, TX. It received its IRS tax-exemption ruling in July 2018, 8 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 December 2023, Truth Driven Ministries Inc reported income of $130k and spending of $96k, leaving 26% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $96k to $130k (+35%), an average of +35% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 80% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Truth Driven Ministries Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 47th percentile within TX. Charities of a similar size with the same main cause include Things That Remain ($130k), Mountaintop Broadcasting Inc ($130k) and Living Waters Family Worship Center Inc ($130k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 31% of the total. At year end it held assets of $83k against liabilities of $0, net assets of $83k.