Two by 2 Global Ministries Inc

Analysis

Two by 2 Global Ministries Inc is a registered charity in United States, based in Hickory, NC. It received its IRS tax-exemption ruling in July 1986, 40 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Two by 2 Global Ministries Inc reported income of $198k and spending of $205k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $146k to $198k (+36%), an average of +36% a year. The sharpest change came in the year to December 2023, when income rose by 36%. Over the whole period it spent 102% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Two by 2 Global 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 51st percentile within NC. Charities of a similar size with the same main cause include Unusual Soldiers Inc ($198k), Shivalaya Temple of Greater Boston ($198k) and Iglesia Cristiana Hispano-Americana ($198k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $19k against liabilities of $0, net assets of $19k.