For This Time Ministries

Analysis

For This Time Ministries is a registered charity in United States, based in Kentwood, MI. It received its IRS tax-exemption ruling in July 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. 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, For This Time Ministries reported income of $611k and spending of $723k, spending 118% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $1.6m to $611k (-61%), an average of -61% a year. The sharpest change came in the year to December 2023, when income dropped by 61%. Over the whole period it spent 63% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, For This Time Ministries sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within MI. Charities of a similar size with the same main cause include Ffa Building Company ($611k), Scurry County Junior Livestock Association ($611k) and Resilience Education Training and Innovation Center Limited ($611k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $115k (16% of expenses). At year end it held assets of $799k against liabilities of $2,859, net assets of $796k. It reported 1 employees.