Ten12ministries Inc

Analysis

Ten12ministries Inc is a registered charity in United States, based in Monticello, KY. It received its IRS tax-exemption ruling in February 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, Ten12ministries Inc reported income of $145k and spending of $187k, spending 129% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $155k to $145k (-6.4%), an average of -3.2% a year. Over the whole period it spent 95% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Ten12ministries Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 46th percentile within KY. Charities of a similar size with the same main cause include Ministerio Internacional Pentecostes Trono de Jehova Inc ($145k), St Josemaria Institute ($145k) and Training for Reigning Institute of Disciple-Making Inc ($145k).

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 $58k against liabilities of $0, net assets of $58k.