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Chance Walters Ministries Inc

RegisteredEIN 46-3549174Randleman, NCReligion
Income$218k2023-12
Spending$209ksame year
Spent / received98%2-year average
Size in its cause67th pctReligion
Exempt since2014Publicly supported organisat
Employees1latest return

Analysis

Chance Walters Ministries Inc is a registered charity in United States, based in Randleman, NC. It received its IRS tax-exemption ruling in June 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, Chance Walters Ministries Inc reported income of $218k and spending of $209k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $197k to $218k (+11%), an average of +11% a year. Over the whole period it spent 98% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Chance Walters Ministries Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 53rd percentile within NC. Charities of a similar size with the same main cause include Lux Digital Church ($218k), Al-Quba Community Center Inc ($218k) and Sacramento Portuguese Holy Spirit Society ($218k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. Compensation of current officers, directors and key employees was $86k (41% of expenses). At year end it held assets of $54k against liabilities of $0, net assets of $54k. It reported 1 employees.

Income and spending

$0$54k$109k$163k$218k2022 Income: $196,6482022 Spending: $197,00620222023 Income: $217,7932023 Spending: $209,3872023
IncomeSpending

Where the income comes from

  • Contributions & grants 91%
  • Other 8.8%

Similar-sized charities, same cause

CharityLocationIncome
Lux Digital ChurchSarver$218k
Al-Quba Community Center IncRichmond Hill$218k
Sacramento Portuguese Holy Spirit SocietySacramento$218k
Galilee Outreach International IncJonesboro$218k