Charisma in Missions Inc

Analysis

Charisma in Missions Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in September 1973, 53 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, Charisma in Missions Inc reported income of $98k and spending of $219k, spending 224% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $322k to $98k (-70%), an average of -26% a year. The sharpest change came in the year to December 2020, when income dropped by 66%. Over the whole period it spent 167% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Charisma in Missions Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 38th percentile within CA. Charities of a similar size with the same main cause include Unitarian Universalist Justice Ministry of North Carolina ($98k), Gilead Biblical Community Churchinc ($98k) and City Psalms ($98k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% of the total. Compensation of current officers, directors and key employees was $52k (24% of expenses). At year end it held assets of $993k against liabilities of $241, net assets of $992k. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.