Canton Community Ministries

Analysis

Canton Community Ministries is a registered charity in United States, based in Canton, GA. It received its IRS tax-exemption ruling in November 1982, 44 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Canton Community Ministries reported income of $512k and spending of $492k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $448k to $512k (+14%), an average of +3.4% a year. The sharpest change came in the year to December 2023, when income rose by 58%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Canton Community Ministries sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 74th percentile within GA. Charities of a similar size with the same main cause include New Heights Academy Inc ($512k), Volunteers of America Inc ($512k) and Brookline Youth Hockey Club Inc ($512k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.1% and program service revenue 93% of the total. Other salaries and wages came to $354k. At year end it held assets of $103k against liabilities of $8,473, net assets of $95k. It reported 32 employees.