Two Talent Ministries
Analysis
Two Talent Ministries is a registered charity in United States, based in Vancouver, WA. It received its IRS tax-exemption ruling in September 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Two Talent Ministries reported income of $213k and spending of $330k, spending 155% of what it took in. The sharpest change came in the year to December 2022, when income rose by 157%. Over the whole period it spent 114% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Two Talent Ministries sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 52nd percentile within WA. Charities of a similar size with the same main cause include Mobile Meals of El Reno ($213k), Annes Anchor ($213k) and Highland Center ($213k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 33% of the total. At year end it held assets of -$126k against liabilities of $0, net assets of -$126k.
Income and spending
Where the income comes from
- Contributions & grants 66%
- Program services 33%
- Other 1.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Mobile Meals of El Reno | El Reno | $213k |
| Annes Anchor | Bowling Green | $213k |
| Highland Center | Monterey | $213k |
| Ely Area Food Shelf | Ely | $213k |