Apostolic Christian Ministries

Analysis

Apostolic Christian Ministries is a registered charity in United States, based in Goodfield, IL. It received its IRS tax-exemption ruling in November 1968, 58 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Apostolic Christian Ministries reported income of $809k and spending of $687k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $204k to $809k (+296%), an average of +41% a year. The sharpest change came in the year to December 2020, when income rose by 111%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Apostolic Christian Ministries sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within IL. Charities of a similar size with the same main cause include V N a - Community Services ($809k), Urbanite Theatre Inc ($809k) and Social Justice and Solidarity Fund ($809k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $123k (18% of expenses). Other salaries and wages came to $71k. At year end it held assets of $1.2m against liabilities of $7,039, net assets of $1.2m. It reported 10 employees.