St Paul Church of God in Christ Community Development Ministries

Analysis

St Paul Church of God in Christ Community Development Ministries is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in February 1997, 29 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2023, St Paul Church of God in Christ Community Development Ministries reported income of $498k and spending of $367k, leaving 26% of income unspent that year. Across the 3 years on record, from June 2019 to June 2023, income grew from $206k to $498k (+142%), an average of +56% a year. The sharpest change came in the year to June 2023, when income rose by 129%. Over the whole period it spent 80% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, St Paul Church of God in Christ Community Development Ministries sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within IL. Charities of a similar size with the same main cause include Albany Rescue Mission Inc ($498k), Hoosier Valley Housing Corporation ($498k) and Nowata Gardens Inc ($498k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $110k (30% of expenses). Other salaries and wages came to $22k. At year end it held assets of $529k against liabilities of $0, net assets of $529k. It reported 21 employees.