Tommy Walker Ministries

Analysis

Tommy Walker Ministries is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in December 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, Tommy Walker Ministries reported income of $364k and spending of $355k, spending 97% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $227k to $364k (+61%), an average of +17% a year. The sharpest change came in the year to December 2021, when income rose by 64%. Over the whole period it spent 82% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Tommy Walker Ministries sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 67th percentile within CA. Charities of a similar size with the same main cause include Well Coffee House Boston ($364k), Friends of Meohr Bais Yaakov Inc ($364k) and Gospel Ministries International Inc ($364k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 8.3% of the total. Compensation of current officers, directors and key employees was $123k (35% of expenses). At year end it held assets of $261k against liabilities of $2,470, net assets of $259k. It reported 2 employees.