Trulight Ministries

Analysis

Trulight Ministries is a registered charity in United States, based in Zanesville, OH. It received its IRS tax-exemption ruling in June 2016, 10 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Trulight Ministries reported income of $323k and spending of $125k, leaving 61% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $242k to $323k (+33%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 41% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Trulight Ministries sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within OH. Charities of a similar size with the same main cause include Indie Chicas FC Inc ($323k), South Dakota Chapter Inc of the American Concrete Pavement Assoc ($323k) and Jacobs Well Inc ($323k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $554k against liabilities of $36k, net assets of $518k.