Cabot Apostolic Ministries

Analysis

Cabot Apostolic Ministries is a registered charity in United States, based in Cabot, AR. It received its IRS tax-exemption ruling in February 2018, 8 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Cabot Apostolic Ministries reported income of $118k and spending of $135k, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $235k to $118k (-50%), an average of -16% a year. The sharpest change came in the year to December 2021, when income rose by 177%. Over the whole period it spent 75% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Cabot Apostolic Ministries sits at the 49th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 40th percentile within AR. Charities of a similar size with the same main cause include West Coast Honor Camp ($118k), Dream Mountain Christian Camp Inc ($118k) and Saba International ($118k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.