Common Cup Ministry Inc

Analysis

Common Cup Ministry Inc is a registered charity in United States, based in Hutchinson, MN. It received its IRS tax-exemption ruling in August 2002, 24 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Common Cup Ministry Inc reported income of $309k and spending of $311k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $260k to $309k (+19%), an average of +4.4% a year. The sharpest change came in the year to December 2020, when income rose by 32%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Common Cup Ministry Inc sits at the 57th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 61st percentile within MN. Charities of a similar size with the same main cause include Freedom Farm ($309k), Iola Theatre Association ($309k) and Wings of Hope Ranch Inc ($309k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 16% of the total. Other salaries and wages came to $103k. At year end it held assets of $374k against liabilities of $0, net assets of $374k. It reported 3 employees.