Charles Vance Ministries Inc

Analysis

Charles Vance Ministries Inc is a registered charity in United States, based in Barboursville, WV. It received its IRS tax-exemption ruling in February 2000, 26 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 2023, Charles Vance Ministries Inc reported income of $161k and spending of $229k, spending 143% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $95k to $161k (+69%), an average of +14% a year. The sharpest change came in the year to December 2020, when income rose by 927%. Over the whole period it spent 96% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Charles Vance Ministries Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 46th percentile within WV. Charities of a similar size with the same main cause include High Impact Living ($161k), Hospital Ministries International Inc ($161k) and Donnie Kitchens Evangelistic Association ($161k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $67k against liabilities of $0, net assets of $67k. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.