Tent Minstries

Analysis

Tent Minstries is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in March 2018, 8 years ago. Its declared purposes cover human services, 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, Tent Minstries reported income of $174k and spending of $119k, leaving 32% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income fell from $206k to $174k (-16%), an average of -5.5% a year. The sharpest change came in the year to December 2023, when income rose by 30%. Over the whole period it spent 75% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Tent Minstries sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 48th percentile within NY. Charities of a similar size with the same main cause include Gem Legacy Inc ($174k), Gettysburg Community Soup Kitchen ($174k) and James Blake Foundation Inc ($174k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $19k (16% of expenses). At year end it held assets of $247k against liabilities of $771, net assets of $246k. It reported 2 employees.