Christian Ministries Inc

Analysis

Christian Ministries Inc is a registered charity in United States, based in Pensacola, FL. It received its IRS tax-exemption ruling in November 1990, 36 years ago. 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, Christian Ministries Inc reported income of $426k and spending of $505k, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $721k to $426k (-41%), an average of -12% a year. The sharpest change came in the year to December 2021, when income rose by 46%. Over the whole period it spent 126% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Christian 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 68th percentile, and in the 70th percentile within FL. Charities of a similar size with the same main cause include Marshalls Creek Fire Company ($426k), Indigenous World Organization ($426k) and Pathway ($426k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $62k (12% of expenses). At year end it held assets of $1.1m against liabilities of $1.5m, net assets of -$448k. It reported 1 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.