Torch of Christ Ministries

Analysis

Torch of Christ Ministries is a registered charity in United States, based in Lake Charles, LA. It received its IRS tax-exemption ruling in December 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, Torch of Christ Ministries reported income of $195k and spending of $243k, spending 125% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $204k to $195k (-4.5%), an average of -1.2% a year. The sharpest change came in the year to December 2020, when income rose by 156%. Over the whole period it spent 85% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Torch of Christ Ministries sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 52nd percentile within LA. Charities of a similar size with the same main cause include Charitable Foundation for Enlargement Preservation and or ($195k), Maha Mandala ($195k) and Shirdi Sai of Delaware Inc ($195k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $88k (36% of expenses). At year end it held assets of $252k against liabilities of $3,190, net assets of $249k. It reported 1 employees.