Third Chair Ministries

Analysis

Third Chair Ministries is a registered charity in United States, based in Carlsbad, CA. It received its IRS tax-exemption ruling in June 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 2023, Third Chair Ministries reported income of $74k and spending of $79k, spending 107% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $71k to $74k (+4.2%), an average of +4.2% a year. Over the whole period it spent 108% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Third Chair Ministries sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 31st percentile within CA. Charities of a similar size with the same main cause include National Association of District Supervisors of Foreign Languages ($74k), Sherwood Christian Outreach Center Inc ($74k) and Finding the Hidden Treasure Inc ($74k).

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 $6,170 against liabilities of $6,242, net assets of -$72.