Christian Ministries Inc

Analysis

Christian Ministries Inc is a registered charity in United States, based in Essex JCT, VT. It received its IRS tax-exemption ruling in May 1986, 40 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, Christian Ministries Inc reported income of $586k and spending of $708k, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $603k to $586k (-2.8%), an average of -0.7% a year. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Christian Ministries Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 69th percentile within VT. Charities of a similar size with the same main cause include H S C No 4 Housing Developement Fund Company Inc ($586k), Habitat for Humanity International Inc ($586k) and Walkboston Inc ($586k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 22% of the total. Compensation of current officers, directors and key employees was $94k (13% of expenses). Other salaries and wages came to $166k. At year end it held assets of $1.3m against liabilities of $33k, net assets of $1.3m. It reported 12 employees.