Zack Cherian International Ministries USA Inc
Analysis
Zack Cherian International Ministries USA Inc is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in July 2010, 16 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, Zack Cherian International Ministries USA Inc reported income of $522k and spending of $619k, spending 119% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $641k to $522k (-19%), an average of -6.7% a year. The sharpest change came in the year to December 2020, when income dropped by 22%. Over the whole period it spent 92% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Zack Cherian International Ministries USA 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 75th percentile within TX. Charities of a similar size with the same main cause include Building Bridges Through Music Inc ($522k), Vaishnav Samaj of RTP Inc ($522k) and Ron Teal Ministries Inc ($521k).
On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $42k (6.8% of expenses). At year end it held assets of $185k against liabilities of $59k, net assets of $126k. It reported 3 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Building Bridges Through Music Inc | Lynn | $522k |
| Vaishnav Samaj of RTP Inc | Morrisville | $522k |
| Ron Teal Ministries Inc | New Braunfels | $521k |
| African Childrens Mission Inc | Birmingham | $522k |