Christmount Christian Assembly Inc

Analysis

Christmount Christian Assembly Inc is a registered charity in United States, based in Black MTN, NC. It received its IRS tax-exemption ruling in May 1951, 75 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Christmount Christian Assembly Inc reported income of $1.7m and spending of $1.7m, spending 101% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $1.3m to $1.7m (+26%), an average of +8.0% a year. The sharpest change came in the year to December 2021, when income rose by 63%. Over the whole period it spent 97% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Christmount Christian Assembly Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within NC. Charities of a similar size with the same main cause include Recreation Council of Evesham Township Inc ($1.7m), Association Football Club ($1.7m) and Princeton Tennis Program ($1.7m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 62% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $110k (6.5% of expenses). Other salaries and wages came to $492k. At year end it held assets of $3.5m against liabilities of $315k, net assets of $3.2m. It reported 51 employees.