Tomev Ministry

Analysis

Tomev Ministry is a registered charity in United States, based in Kent, WA. 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, Tomev Ministry reported income of $75k and spending of $73k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $92k to $75k (-19%), an average of -19% a year. The sharpest change came in the year to December 2023, when income dropped by 19%. Over the whole period it spent 99% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Tomev Ministry sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 24th percentile within WA. Charities of a similar size with the same main cause include Behumbeza Foundation ($75k), Lower East Side Conservancy Inc ($75k) and Centro de Adoracion Camino de Santidad Inc ($75k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $3,350 against liabilities of $0, net assets of $3,350.