TVS Ministries Inc

Analysis

TVS Ministries Inc is a registered charity in United States, based in Linden, TX. It received its IRS tax-exemption ruling in April 2022, 4 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, TVS Ministries Inc reported income of $867k and spending of $977k, spending 113% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $1.0m to $867k (-15%), an average of -15% a year. Over the whole period it spent 81% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, TVS Ministries Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 82nd percentile within TX. Charities of a similar size with the same main cause include China Soul for Christ Foundation ($867k), Faith Ranch and Farms Fund ($867k) and Zeev Hatorah Inc ($867k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $90k (9.3% of expenses). At year end it held assets of $351k against liabilities of $0, net assets of $351k. It reported 2 employees.