Crisis Assistance Ministry

Analysis

Crisis Assistance Ministry is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in July 1984, 42 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 June 2023, Crisis Assistance Ministry reported income of $16.6m and spending of $16.8m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $17.5m to $16.6m (-5.1%), an average of -1.3% a year. The sharpest change came in the year to June 2023, when income rose by 28%. 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, Crisis Assistance Ministry sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within NC. Charities of a similar size with the same main cause include Westminster Shores Inc ($16.6m), Solvang Lutheran Home Inc ($16.6m) and Food Research & Action Center Inc ($16.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $338k (2.0% of expenses). Other salaries and wages came to $3.5m. At year end it held assets of $9.2m against liabilities of $452k, net assets of $8.8m. It reported 63 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.