Community of the Cross Ministries Inc

Analysis

Community of the Cross Ministries Inc is a registered charity in United States, based in Danbury, CT. It received its IRS tax-exemption ruling in July 1978, 48 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Community of the Cross Ministries Inc reported income of $99k and spending of $109k, spending 109% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $79k to $99k (+25%), an average of +25% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 117% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Community of the Cross Ministries Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 35th percentile within CT. Charities of a similar size with the same main cause include Mirtha Mireya Ministries ($99k), Gospel Healing Mission Center ($99k) and Guild for Spiritual Guidance Inc ($99k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 26% of the total. At year end it held assets of $103k against liabilities of $9,608, net assets of $93k.