Discovering Truth Ministries

Analysis

Discovering Truth Ministries is a registered charity in United States, based in El Cajon, CA. It received its IRS tax-exemption ruling in June 2020, 6 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, Discovering Truth Ministries reported income of $267k and spending of $163k, leaving 39% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $224k to $267k (+19%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 66% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Discovering Truth Ministries sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 62nd percentile within CA. Charities of a similar size with the same main cause include Divine Vision Network Inc ($267k), C S S M Ministries International ($267k) and Inside Chassidus Inc ($267k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% of the total. Compensation of current officers, directors and key employees was $66k (40% of expenses). Other salaries and wages came to $10k. At year end it held assets of $333k against liabilities of $0, net assets of $333k. It reported 3 employees.