Compassionate Ministries Network Inc

Analysis

Compassionate Ministries Network Inc is a registered charity in United States, based in Berne, IN. It received its IRS tax-exemption ruling in May 1984, 42 years ago. 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, Compassionate Ministries Network Inc reported income of $63k and spending of $78k, spending 124% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $70k to $63k (-10%), an average of -10% a year. Over the whole period it spent 124% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Compassionate Ministries Network Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 22nd percentile within IN. Charities of a similar size with the same main cause include Mobile Infirmary Professional and Comprehensive General Liability Se ($63k), Volunteers of America Inc ($63k) and Public Schools Foundation of Tippecanoe County Inc ($63k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $123k against liabilities of $0, net assets of $123k.