Cord Ministries International

Analysis

Cord Ministries International is a registered charity in United States, based in Littleton, CO. It received its IRS tax-exemption ruling in July 2015, 11 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, Cord Ministries International reported income of $2.1m and spending of $2.0m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $2.1m (+22%), an average of +5.2% a year. The sharpest change came in the year to December 2023, when income rose by 21%. Over the whole period it spent 96% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Cord Ministries International sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within CO. Charities of a similar size with the same main cause include Maranatha Bible Camp Inc ($2.1m), Catch the Fire Ministries Inc ($2.1m) and Justdane Inc ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $74k (3.6% of expenses). Other salaries and wages came to $189k. At year end it held assets of $784k against liabilities of $0, net assets of $784k. It reported 5 employees.