Plain Truth Ministries Worldwide

Analysis

Plain Truth Ministries Worldwide is a registered charity in United States, based in Arcadia, CA. It received its IRS tax-exemption ruling in May 1975, 51 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, Plain Truth Ministries Worldwide reported income of $683k and spending of $745k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $639k to $683k (+6.8%), an average of +1.7% a year. The sharpest change came in the year to December 2021, when income rose by 57%. Over the whole period it spent 80% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Plain Truth Ministries Worldwide sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within CA. Charities of a similar size with the same main cause include Wonderhunt ($683k), Chaplainusa ($683k) and Linc NW ($683k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. Compensation of current officers, directors and key employees was $337k (45% of expenses). Other salaries and wages came to $71k. At year end it held assets of $1.9m against liabilities of $9,234, net assets of $1.9m. It reported 5 employees.