Chance Walters Ministries Inc
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
Where the income comes from
- Contributions & grants 91%
- Other 8.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Lux Digital Church | Sarver | $218k |
| Al-Quba Community Center Inc | Richmond Hill | $218k |
| Sacramento Portuguese Holy Spirit Society | Sacramento | $218k |
| Galilee Outreach International Inc | Jonesboro | $218k |