Inner City Christian Ministries

Analysis

Inner City Christian Ministries is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in May 1999, 27 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, Inner City Christian Ministries reported income of $324k and spending of $675k, spending 209% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $733k to $324k (-56%), an average of -18% a year. The sharpest change came in the year to December 2023, when income dropped by 56%. Over the whole period it spent 106% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Inner City Christian Ministries sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 62nd percentile within MN. Charities of a similar size with the same main cause include Evangelium Institute Inc ($323k), The Living Faith Inc ($324k) and Catholic Servant Ministries Inc ($323k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 145% of the total. Compensation of current officers, directors and key employees was $51k (7.6% of expenses). Other salaries and wages came to $174k. At year end it held assets of $2.7m against liabilities of $1.5m, net assets of $1.2m. It reported 18 employees.