True Worship Ministry Inc

Analysis

True Worship Ministry Inc is a registered charity in United States, based in Randolph, MA. It received its IRS tax-exemption ruling in August 2019, 7 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, True Worship Ministry Inc reported income of $148k and spending of $159k, spending 108% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $195k to $148k (-24%), an average of -24% a year. The sharpest change came in the year to December 2023, when income dropped by 24%. Over the whole period it spent 106% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, True Worship Ministry Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 52nd percentile within MA. Charities of a similar size with the same main cause include Tribes Hill Heritage Center ($148k), Milford 2nd Street Players Inc ($148k) and Austin History Center Association Inc ($148k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $16k against liabilities of $0, net assets of $16k.