Christ Is the Answer Ministries Inc

Analysis

Christ Is the Answer Ministries Inc is a registered charity in United States, based in Sanford, FL. It received its IRS tax-exemption ruling in May 2001, 25 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, Christ Is the Answer Ministries Inc reported income of $355k and spending of $337k, spending 95% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $302k to $355k (+17%), an average of +5.5% a year. Over the whole period it spent 96% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Christ Is the Answer Ministries Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 68th percentile within FL. Charities of a similar size with the same main cause include Impact International Inc ($355k), Women at the Well Ministries ($355k) and Shalem School ($355k).

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 $162k (48% of expenses). At year end it held assets of $32k against liabilities of $0, net assets of $32k. It reported 6 employees.