Cactus Nazarene Ministry Center

Analysis

Cactus Nazarene Ministry Center is a registered charity in United States, based in Cactus, TX. It received its IRS tax-exemption ruling in July 2018, 8 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 February 2024, Cactus Nazarene Ministry Center reported income of $558k and spending of $507k, spending 91% of its income. Across the 5 years on record, from February 2020 to February 2024, income grew from $267k to $558k (+109%), an average of +20% a year. The sharpest change came in the year to February 2024, when income rose by 45%. 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, Cactus Nazarene Ministry Center sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 76th percentile within TX. Charities of a similar size with the same main cause include Horizon University a California Non Profit Religious Group ($558k), Thien Tam Tu ($558k) and Atulado Ministries ($558k).

On its Form 990 for the period ending February 2024, revenue came from contributions and grants 70% and program service revenue 29% of the total. Other salaries and wages came to $262k. At year end it held assets of $509k against liabilities of $70k, net assets of $440k. It reported 12 employees.