Israel Today Ministries Inc

Analysis

Israel Today Ministries Inc is a registered charity in United States, based in Arlington, TX. It received its IRS tax-exemption ruling in September 2002, 24 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 August 2023, Israel Today Ministries Inc reported income of $280k and spending of $285k, spending 102% of its income. Across the 4 years on record, from August 2020 to August 2023, income grew from $275k to $280k (+2.1%), an average of +0.7% a year. Over the whole period it spent 101% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Israel Today Ministries Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 65th percentile within TX. Charities of a similar size with the same main cause include Ignite Europe ($280k), Sri Hanuman Temple of North America ($280k) and Bridges for Youth Inc ($280k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $161k (57% of expenses). At year end it held assets of $3,857 against liabilities of $0, net assets of $3,857.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.