True Path Ministry Inc

Analysis

True Path Ministry Inc is a registered charity in United States, based in Ennis, TX. It received its IRS tax-exemption ruling in November 1968, 58 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, True Path Ministry Inc reported income of $72k and spending of $54k, leaving 25% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $82k to $72k (-12%), an average of -12% a year. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, True Path Ministry Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 30th percentile within TX. Charities of a similar size with the same main cause include Friends of the Westport Council on Aging Inc ($72k), Freeport Recycle Store ($72k) and PTA California Congress of Parents Teachers & Students Inc ($72k).

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 $22k against liabilities of $0, net assets of $22k.