Times of Refreshing Ministries Inc

Analysis

Times of Refreshing Ministries Inc is a registered charity in United States, based in Frankfort, KY. It received its IRS tax-exemption ruling in June 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 (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, Times of Refreshing Ministries Inc reported income of $87k and spending of $97k, spending 111% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $172k to $87k (-49%), an average of -49% a year. The sharpest change came in the year to December 2023, when income dropped by 49%. Over the whole period it spent 102% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Times of Refreshing Ministries Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 32nd percentile within KY. Charities of a similar size with the same main cause include Isaiahs Stump ($87k), Ethiopian Evangelical Mekane Yesus Church DC ($87k) and Marvin Yoder Ministries Inc ($87k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 102% of the total. At year end it held assets of $81k against liabilities of $0, net assets of $81k.