Common Garments Ministry Inc

Analysis

Common Garments Ministry Inc is a registered charity in United States, based in Nebo, KY. It received its IRS tax-exemption ruling in July 2000, 26 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Common Garments Ministry Inc reported income of $193k and spending of $181k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $211k to $193k (-8.7%), an average of -2.2% a year. The sharpest change came in the year to December 2021, when income rose by 53%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Common Garments Ministry Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 53rd percentile within KY. Charities of a similar size with the same main cause include Hope for Haitian Children Foundation ($193k), Agape Home Inc ($193k) and Wisconsin Knights of Columbus Charities Inc ($193k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $483k against liabilities of $126k, net assets of $358k.