Truth Ministries Inc

Analysis

Truth Ministries Inc is a registered charity in United States, based in Modesto, CA. It received its IRS tax-exemption ruling in March 1995, 31 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Truth Ministries Inc reported income of $88k and spending of $87k, spending 98% of its income. Across the 3 years on record, from December 2020 to December 2023, income fell from $104k to $88k (-15%), an average of -8.0% a year. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Truth Ministries Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 36th percentile within CA. Charities of a similar size with the same main cause include Addiction Research Foundation ($88k), Mirakind ($88k) and Cancer Association of Auglaize Co ($88k).

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 $1 against liabilities of $0, net assets of $1.