South Caldwell Christian Ministries

Analysis

South Caldwell Christian Ministries is a registered charity in United States, based in Granite Falls, NC. It received its IRS tax-exemption ruling in June 1983, 43 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, South Caldwell Christian Ministries reported income of $1.2m and spending of $1.2m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $843k to $1.2m (+42%), an average of +9.2% a year. The sharpest change came in the year to December 2023, when income rose by 40%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, South Caldwell Christian Ministries sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within NC. Charities of a similar size with the same main cause include Westbank Arc Incorporate ($1.2m), Jacksonville Urban League Inc ($1.2m) and Fun Time Child Care Ministry Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $49k (4.1% of expenses). Other salaries and wages came to $41k. At year end it held assets of $678k against liabilities of $92, net assets of $678k. It reported 9 employees.