Central Missionary Clearinghouse Inc

Analysis

Central Missionary Clearinghouse Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in December 1977, 49 years ago. 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 September 2024, Central Missionary Clearinghouse Inc reported income of $46.3m and spending of $45.9m, spending 99% of its income. Across the 6 years on record, from September 2019 to September 2024, income grew from $32.2m to $46.3m (+44%), an average of +7.5% a year. The sharpest change came in the year to September 2022, when income rose by 17%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Central Missionary Clearinghouse Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within TX. Charities of a similar size with the same main cause include Episcopal School of Dallas Inc ($46.2m), Access ($46.3m) and Health Help Incorporated ($46.2m).

On its Form 990 for the period ending September 2024, revenue came from contributions and grants 98% and program service revenue 1.5% of the total. Compensation of current officers, directors and key employees was $203k (0.4% of expenses). Other salaries and wages came to $234k. At year end it held assets of $8.8m against liabilities of $7.3m, net assets of $1.5m. It reported 6 employees.