In Spirit and in Truth Ministries

Analysis

In Spirit and in Truth Ministries is a registered charity in United States, based in Tukwila, WA. It received its IRS tax-exemption ruling in August 2020, 6 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, In Spirit and in Truth Ministries reported income of $190k and spending of $102k, leaving 46% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $144k to $190k (+32%), an average of +15% a year. The sharpest change came in the year to December 2022, when income rose by 27%. Over the whole period it spent 48% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, In Spirit and in Truth Ministries sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 49th percentile within WA. Charities of a similar size with the same main cause include Bitterroot Heritage Academy ($190k), Macomb Area Industrial Development Corporation ($190k) and The Oscpa Educational Foundation ($190k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 2.6% of the total. At year end it held assets of $486k against liabilities of $0, net assets of $486k.