Overview

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Est.

2009

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

True Purpose Ministries is a nonprofit organization dedicated to providing housing, job training, food, clothing, transportation, and Bible discipleship training to men recovering from drug and alcohol addiction, as well as those seeking to deepen their biblical knowledge. With an operating budget of $1.8 million and total revenue of $1.7 million for the filing year 2024, the organization relies on multiple funders, none of which contribute 50% or more of its revenue. For more information, visit their website at www.truepurposeministries.com.

Mission Statement

PROVIDE HOUSING, JOB TRAINING, FOOD, CLOTHING,TRANSPORTATION, AND BIBLE DISCIPLESHIP TRANING TO MEN RECOVERING FROM DRUG AND ALCOHOL ADDICTION AND ALSO TO MEN WHO SIMPLY DESIRE TO LEARN MORE ABOUT THE BIBILE AND ENROLL IN OUR MINISTRY.
Revenues
$1.7M
Expenses
$1.8M
Net Income:
-$88.3K
Assets
$2M
Liabilities
$1.6M
Net Assets:
+$386.1K
Operating Budget
$1.8M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
4
Median grant size
$28.3K
Largest grant received
$60K
J
Jeremy Graham
Board Member
B
Ben Cantwell
Board Member
F
Frank Grivjack
Board Member

Frequently Asked Questions

What is True Purpose Ministries’s budget?
In 2024, True Purpose Ministries reported an annual operating budget of around $1.8 million. More detailed financial information is available to registered users.
What causes does True Purpose Ministries support?
True Purpose Ministries supports work in Thrift shops and Temporary accommodations.
Where does True Purpose Ministries operate?
True Purpose Ministries is headquartered in Maryville, TN.
Who funded True Purpose Ministries recently?
In 2024, True Purpose Ministries received grants from UNITED WAY OF BLOUNT COUNTY, THRIVENT CHARITABLE IMPACT & INVESTING, and HAUCK FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant True Purpose Ministries received in 2024?
The largest grant to True Purpose Ministries in 2024 exceeds $60 thousand.