Treasured Ministries International Inc

Analysis

Treasured Ministries International Inc is a registered charity in United States, based in Apex, NC. It received its IRS tax-exemption ruling in February 2019, 7 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, Treasured Ministries International Inc reported income of $78k and spending of $76k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $63k to $78k (+24%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 98% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Treasured Ministries International Inc sits at the 35th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 28th percentile within NC. Charities of a similar size with the same main cause include Muslim Education and Convertscenter of America Inc ($78k), Pho Quang Buddhist Meditation Center Inc ($78k) and Del Way Ministries ($78k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 19% of the total. At year end it held assets of $12k against liabilities of $2,545, net assets of $9,503.