CBM Ministries

Analysis

CBM Ministries is a registered charity in United States, based in Jefferson, PA. It received its IRS tax-exemption ruling in May 1982, 44 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, CBM Ministries reported income of $221k and spending of $220k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $234k to $221k (-5.2%), an average of -1.3% a year. The sharpest change came in the year to December 2022, when income dropped by 19%. Over the whole period it spent 108% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, CBM Ministries sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 53rd percentile within PA. Charities of a similar size with the same main cause include McCalmont Township Volunteer Fire Co ($221k), Consumers Council of Mo Inc ($221k) and Central Valley Project Corporation ($221k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 17% of the total. Other salaries and wages came to $49k. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m. It reported 3 employees.