Teaching Ministry of the Word of Truth

Analysis

Teaching Ministry of the Word of Truth is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in January 2017, 9 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 2022, Teaching Ministry of the Word of Truth reported income of $132k and spending of $85k, leaving 35% of income unspent that year. Across the 2 years on record, from December 2021 to December 2022, income fell from $283k to $132k (-53%), an average of -53% a year. The sharpest change came in the year to December 2022, when income dropped by 53%. Over the whole period it spent 34% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Teaching Ministry of the Word of Truth sits at the 53rd percentile: it is larger than about 53% 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 America Indivisible ($132k), A Time to Heal Beyond Survival ($132k) and Ethiopian Outreach Ministry ($132k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 63% and program service revenue 37% of the total. At year end it held assets of $281k against liabilities of $0, net assets of $281k.