Charis Relief Ministries Inc

Analysis

Charis Relief Ministries Inc is a registered charity in United States, based in Siler City, NC. It received its IRS tax-exemption ruling in July 2014, 12 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, Charis Relief Ministries Inc reported income of $61k and spending of $45k, leaving 26% of income unspent that year. Across the 3 years on record, from December 2020 to December 2023, income grew from $40k to $61k (+53%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 34%. Over the whole period it spent 86% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Charis Relief Ministries Inc sits at the 27th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 22nd percentile within NC. Charities of a similar size with the same main cause include Spread the Fire U S Inc ($61k), SEND Ministries International ($61k) and Ministerio Catolico Voz de Cristo ($61k).

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 $31k against liabilities of $525, net assets of $30k.