Charismatic Teaching Ministeries Inc

Analysis

Charismatic Teaching Ministeries Inc is a registered charity in United States, based in Broken Arrow, OK. It received its IRS tax-exemption ruling in November 1972, 54 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 June 2024, Charismatic Teaching Ministeries Inc reported income of $477k and spending of $396k, spending 83% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $311k to $477k (+53%), an average of +11% a year. The sharpest change came in the year to June 2022, when income rose by 38%. Over the whole period it spent 92% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Charismatic Teaching Ministeries Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 70th percentile within OK. Charities of a similar size with the same main cause include Islamic Propagation Foundation ($477k), Ranch Ministries ($477k) and Campus One 80 ($477k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% of the total. At year end it held assets of $270k against liabilities of $0, net assets of $270k.