Contact Ministries
Analysis
Contact Ministries is a registered charity in United States, based in Springfield, IL. It received its IRS tax-exemption ruling in October 1979, 47 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 June 2024, Contact Ministries reported income of $930k and spending of $1.1m, spending 122% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $742k to $930k (+25%), an average of +5.8% a year. The sharpest change came in the year to June 2023, when income rose by 31%. Over the whole period it spent 101% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Contact Ministries sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within IL. Charities of a similar size with the same main cause include Cortland Repertory Theatre Inc ($930k), Boy Scouts of America ($931k) and Peconic Landing at Southold Inc ($930k).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 75% of the total. Other salaries and wages came to $684k. At year end it held assets of $1.2m against liabilities of $66k, net assets of $1.1m. It reported 37 employees.
Income and spending
Where the income comes from
- Contributions & grants 75%
- Other 25%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Cortland Repertory Theatre Inc | Cortland | $930k |
| Boy Scouts of America | Abilene | $931k |
| Peconic Landing at Southold Inc | Greenport | $930k |
| Prism Way | Santa Monica | $931k |