Samuel R Chand Ministries Inc

Analysis

Samuel R Chand Ministries Inc is a registered charity in United States, based in McDonough, GA. It received its IRS tax-exemption ruling in March 2000, 26 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Samuel R Chand Ministries Inc reported income of $205k and spending of $771k, spending 376% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $434k to $205k (-53%), an average of -17% a year. The sharpest change came in the year to December 2023, when income dropped by 50%. Over the whole period it spent 86% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Samuel R Chand Ministries Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 58th percentile within GA. Charities of a similar size with the same main cause include Ministerio Los Milagros de Jesus Inc ($205k), Maximum Impact Ministries ($205k) and Williamsport Federation of Jewish Charities ($205k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 28% of the total. Compensation of current officers, directors and key employees was $2,000 (0.3% of expenses). Other salaries and wages came to $2,000. At year end it held assets of $235k against liabilities of $5,529, net assets of $230k. It reported 2 employees.