Travis Labhart Ministries Inc

Analysis

Travis Labhart Ministries Inc is a registered charity in United States, based in Celina, TX. It received its IRS tax-exemption ruling in July 2023, 3 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, Travis Labhart Ministries Inc reported income of $197k and spending of $237k, spending 120% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $182k to $197k (+8.4%), an average of +8.4% a year. Over the whole period it spent 65% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Travis Labhart Ministries Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 57th percentile within TX. Charities of a similar size with the same main cause include Khmer Buddhist Society ($197k), Living Bread Ministries ($197k) and Equipping Servants International Inc ($197k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 24% and program service revenue 76% of the total. At year end it held assets of $74k against liabilities of $9,024, net assets of $65k.