Chosen Children Ministries

Analysis

Chosen Children Ministries is a registered charity in United States, based in Inman, SC. It received its IRS tax-exemption ruling in August 1996, 30 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, Chosen Children Ministries reported income of $2.2m and spending of $1.8m, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $2.2m (+54%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 29%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Chosen Children Ministries sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 89th percentile within SC. Charities of a similar size with the same main cause include Good Child Development Center Inc ($2.2m), Daystar Life Inc ($2.2m) and Ukrainian Community Center of Washington ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $20k (1.1% of expenses). Other salaries and wages came to $449k. At year end it held assets of $2.7m against liabilities of $160k, net assets of $2.6m. It reported 7 employees.