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West Stanly Christian Ministries Inc

RegisteredEIN 56-1986334Stanfield, NCReligion
Income$2.1m2023-12
Spending$1.7msame year
Spent / received84%6-year average
Size in its cause96th pctReligion
Exempt since1997Publicly supported organisat
Employees46latest return

Analysis

West Stanly Christian Ministries Inc is a registered charity in United States, based in Stanfield, NC. It received its IRS tax-exemption ruling in February 1997, 29 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, West Stanly Christian Ministries Inc reported income of $2.1m and spending of $1.7m, spending 82% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $975k to $2.1m (+113%), an average of +16% a year. The sharpest change came in the year to December 2020, when income rose by 38%. Over the whole period it spent 84% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, West Stanly Christian Ministries Inc 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 86th percentile, and in the 87th percentile within NC. Charities of a similar size with the same main cause include The Cause Inc ($2.1m), Endure International Inc ($2.1m) and Oakridge Ministries Inc ($2.1m).

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 $63k (3.7% of expenses). Other salaries and wages came to $665k. At year end it held assets of $2.5m against liabilities of $148k, net assets of $2.3m. It reported 46 employees.

Income and spending

$0$520k$1.0m$1.6m$2.1m2018 Income: $974,6082018 Spending: $985,00420182019 Income: $1,174,4902019 Spending: $1,236,66920192020 Income: $1,621,0982020 Spending: $1,247,14620202021 Income: $1,811,5132021 Spending: $1,348,52620212022 Income: $1,972,8652022 Spending: $1,575,27320222023 Income: $2,080,6062023 Spending: $1,698,0772023
IncomeSpending

Where the income comes from

  • Contributions & grants 100%
  • Other 0.3%

Similar-sized charities, same cause

CharityLocationIncome
The Cause IncOceanside$2.1m
Endure International IncCary$2.1m
Oakridge Ministries IncAnadarko$2.1m
Hand in Hand Ministries IncLouisville$2.1m