Target Ministries

Analysis

Target Ministries is a registered charity in United States, based in Baton Rouge, LA. It received its IRS tax-exemption ruling in September 1993, 33 years ago. 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, Target Ministries reported income of $314k and spending of $316k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $626k to $314k (-50%), an average of -16% a year. The sharpest change came in the year to December 2020, when income dropped by 34%. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Target Ministries sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 61st percentile within LA. Charities of a similar size with the same main cause include Monona Grove Nursery School Inc ($314k), Milltown Rescue Squad Inc ($314k) and Jacksonville Sports Medicine Program Inc ($314k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $20k (6.3% of expenses). Other salaries and wages came to $59k. At year end it held assets of $68k against liabilities of $1,078, net assets of $67k. It reported 5 employees.