Christian Alliance of Panama
Analysis
Christian Alliance of Panama is a registered charity in United States, based in Goodfield, IL. It received its IRS tax-exemption ruling in June 1994, 32 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Christian Alliance of Panama reported income of $128k and spending of $119k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $124k to $128k (+3.9%), an average of +3.9% a year. Over the whole period it spent 100% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Christian Alliance of Panama sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 44th percentile within IL. Charities of a similar size with the same main cause include Andre Bronkhorst Ministries Inc ($128k), Song of Song Music Ministry USA ($128k) and Mark a Sutton Ministries ($128k).
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 $20k against liabilities of $0, net assets of $20k.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Andre Bronkhorst Ministries Inc | Grovetown | $128k |
| Song of Song Music Ministry USA | Sandy | $128k |
| Mark a Sutton Ministries | Thomasville | $128k |
| Broken Radiance Inc | Fort Wayne | $128k |