Christian Healthcare Ministries Inc

Analysis

Christian Healthcare Ministries Inc is a registered charity in United States, based in Barberton, OH. It received its IRS tax-exemption ruling in December 2003, 23 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Christian Healthcare Ministries Inc reported income of $784.0m and spending of $710.9m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $510.0m to $784.0m (+54%), an average of +11% a year. The sharpest change came in the year to December 2020, when income rose by 24%. Over the whole period it spent 97% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Christian Healthcare Ministries Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within OH. Charities of a similar size with the same main cause include Foundation for World Evangelism ($452.3m), Servant Foundation ($867.2m) and Commonspirit Health Operating Investment Pool LLC ($367.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $796k (0.1% of expenses). Other salaries and wages came to $19.9m. At year end it held assets of $245.4m against liabilities of $5.9m, net assets of $239.5m. It reported 410 employees.