Craig Church Ministries Inc

Analysis

Craig Church Ministries Inc is a registered charity in United States, based in Purlear, NC. It received its IRS tax-exemption ruling in March 2008, 18 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 2022, Craig Church Ministries Inc reported income of $2.3m and spending of $365k, leaving 84% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $329k to $2.3m (+593%), an average of +91% a year. The sharpest change came in the year to December 2022, when income rose by 198%. Over the whole period it spent 29% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Craig Church Ministries Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within NC. Charities of a similar size with the same main cause include Restored Community Church Inc ($2.3m), All Nations Family Inc ($2.3m) and Gospel Express Evangelistic Team Ministry Inc ($2.3m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 113% of the total. Compensation of current officers, directors and key employees was $150k (41% of expenses). Other salaries and wages came to $18k. At year end it held assets of $2.9m against liabilities of $1,747, net assets of $2.9m. It reported 3 employees.