China Outreach Ministries Inc

Analysis

China Outreach Ministries Inc is a registered charity in United States, based in Mechanicsburg, PA. It received its IRS tax-exemption ruling in October 1960, 66 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 December 2023, China Outreach Ministries Inc reported income of $4.4m and spending of $4.5m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.7m to $4.4m (+18%), an average of +4.3% a year. The sharpest change came in the year to December 2020, when income rose by 24%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, China Outreach Ministries Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 90th percentile within PA. Charities of a similar size with the same main cause include Irvine Novaquatics ($4.4m), New River Community College Educational Foundation Inc ($4.4m) and Massachusetts Higher Education ($4.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $167k (3.7% of expenses). Other salaries and wages came to $2.8m. At year end it held assets of $6.5m against liabilities of $84k, net assets of $6.4m. It reported 64 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.