Charitable Ministry Support Inc

Analysis

Charitable Ministry Support Inc is a registered charity in United States, based in Altamonte SPG, FL. It received its IRS tax-exemption ruling in March 2009, 17 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Charitable Ministry Support Inc reported income of $522k and spending of $60k, leaving 88% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $87k to $522k (+501%), an average of +57% a year. The sharpest change came in the year to December 2023, when income rose by 2019%. Over the whole period it spent 37% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Charitable Ministry Support Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 73rd percentile within FL. Charities of a similar size with the same main cause include City on a Hill Young Adult Apostolate ($522k), Global Impact Ministries & Outreach Assoc ($522k) and In Discipleship Corp ($522k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $2.4m against liabilities of $0, net assets of $2.4m.