Citychurch Outreach Ministry McKinney

Analysis

Citychurch Outreach Ministry McKinney is a registered charity in United States, based in McKinney, TX. It received its IRS tax-exemption ruling in July 2013, 13 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, Citychurch Outreach Ministry McKinney reported income of $197k and spending of $282k, spending 143% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $115k to $197k (+71%), an average of +14% a year. The sharpest change came in the year to December 2020, when income rose by 442%. Over the whole period it spent 70% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Citychurch Outreach Ministry McKinney sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 57th percentile within TX. Charities of a similar size with the same main cause include Ufcw Local 770 Icaza Foundation ($197k), Society of Arab American Neighborhood Development ($197k) and Brown Bag Ministry ($197k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $18k (6.4% of expenses). Other salaries and wages came to $77k. At year end it held assets of $132k against liabilities of $246k, net assets of -$114k. It reported 2 employees.