Five and Two Ministries

Analysis

Five and Two Ministries is a registered charity in United States, based in Forney, TX. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Five and Two Ministries reported income of $131k and spending of $134k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $117k to $131k (+12%), an average of +12% a year. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Five and Two Ministries sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 47th percentile within TX. Charities of a similar size with the same main cause include East Shelby Volunteer Fire Company Inc ($130k), Unitecloud ($131k) and Cordelia a Greene Library ($130k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of -$3,003 against liabilities of $0, net assets of -$3,003. It reported 1 employees.