Chosen and Cherished Ministries Inc

Analysis

Chosen and Cherished Ministries Inc is a registered charity in United States, based in Port Crane, NY. It received its IRS tax-exemption ruling in August 2016, 10 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Chosen and Cherished Ministries Inc reported income of $331k and spending of $320k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $219k to $331k (+51%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 71%. Over the whole period it spent 88% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Chosen and Cherished Ministries Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 60th percentile within NY. Charities of a similar size with the same main cause include Haiti Outreach Pwoje Espwa Inc ($331k), Santiago Partnership ($332k) and Immigrant Solidarity Dupage ($331k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $18k. At year end it held assets of $285k against liabilities of $6,474, net assets of $278k. It reported 1 employees.