Area Congregations in Ministry

Analysis

Area Congregations in Ministry is a registered charity in United States, based in Oxford, NC. It received its IRS tax-exemption ruling in March 1990, 36 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Area Congregations in Ministry reported income of $1.4m and spending of $1.4m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.6m to $1.4m (-14%), an average of -3.7% a year. The sharpest change came in the year to June 2020, when income rose by 120%. 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, Area Congregations in Ministry sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within NC. Charities of a similar size with the same main cause include Cayuga-Syracuse Presbytery Home for the Elderly ($1.4m), Agape Ministries Inc ($1.4m) and Child Care Center Association of Evanston Inc ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $54k. At year end it held assets of $236k against liabilities of $0, net assets of $236k. It reported 2 employees.