Testudo Ministries Inc

Analysis

Testudo Ministries Inc is a registered charity in United States, based in Lithia, FL. It received its IRS tax-exemption ruling in October 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Testudo Ministries Inc reported income of $250k and spending of $219k, spending 88% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $220k to $250k (+14%), an average of +14% a year. Over the whole period it spent 71% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Testudo Ministries Inc sits at the 71st percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 61st percentile within FL. Charities of a similar size with the same main cause include Conduit for the Word of Life Inc ($250k), The Mesh Objective Inc ($250k) and Jesus Christ Network ($250k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $2,500 (1.1% of expenses). At year end it held assets of $158k against liabilities of $0, net assets of $158k. It reported 1 employees.