International Congress of Churches and Ministries

Analysis

International Congress of Churches and Ministries is a registered charity in United States, based in Soddy Daisy, TN. It received its IRS tax-exemption ruling in March 1999, 27 years ago. 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, International Congress of Churches and Ministries reported income of $59k and spending of $72k, spending 122% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $85k to $59k (-31%), an average of -31% a year. The sharpest change came in the year to December 2023, when income dropped by 31%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, International Congress of Churches and Ministries sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 21st percentile within TN. Charities of a similar size with the same main cause include Comal County Child Welfare Board Inc ($59k), Hachnosos Orchim - Baltimore Inc ($59k) and Wat Chaobuddha of San Bernardino ($59k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 71% of the total. At year end it held assets of $89k against liabilities of $2,093, net assets of $87k.