Cheboygan Compassionate Ministries Inc

Analysis

Cheboygan Compassionate Ministries Inc is a registered charity in United States, based in Cheboygan, MI. It received its IRS tax-exemption ruling in September 2016, 10 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, Cheboygan Compassionate Ministries Inc reported income of $130k and spending of $83k, leaving 36% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $245k to $130k (-47%), an average of -27% a year. The sharpest change came in the year to December 2022, when income dropped by 39%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cheboygan Compassionate Ministries Inc sits at the 39th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 43rd percentile within MI. Charities of a similar size with the same main cause include Association of Women in Agriculture Benefit Corp ($130k), Manna Harvest ($130k) and Birth Right of Boise Inc ($130k).

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 $80k against liabilities of $0, net assets of $80k.