Coordinated Assistance Ministries Inc

Analysis

Coordinated Assistance Ministries Inc is a registered charity in United States, based in Kokomo, IN. It received its IRS tax-exemption ruling in August 1994, 32 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, Coordinated Assistance Ministries Inc reported income of $473k and spending of $467k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $229k to $473k (+107%), an average of +20% a year. The sharpest change came in the year to December 2021, when income rose by 70%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Coordinated Assistance Ministries Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within IN. Charities of a similar size with the same main cause include Catholic Ministry to the Elderly ($473k), Ruths House Inc ($474k) and Harbor Palliative Care Services Inc ($473k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 8.2% of the total. Other salaries and wages came to $191k. At year end it held assets of $436k against liabilities of $98k, net assets of $338k. It reported 9 employees.