Corpus Christi Metro Ministries

Analysis

Corpus Christi Metro Ministries is a registered charity in United States, based in Corp Christi, TX. It received its IRS tax-exemption ruling in January 1983, 43 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 September 2023, Corpus Christi Metro Ministries reported income of $1.9m and spending of $1.7m, spending 94% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.7m to $1.9m (+11%), an average of +2.5% a year. The sharpest change came in the year to September 2022, when income dropped by 21%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Corpus Christi Metro Ministries sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 89th percentile within TX. Charities of a similar size with the same main cause include Senior Action Inc ($1.9m), Society for Equal Access Independent Living Center ($1.9m) and Epworth Village Inc ($1.9m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $243k (14% of expenses). Other salaries and wages came to $685k. At year end it held assets of $3.1m against liabilities of $207k, net assets of $2.9m. It reported 22 employees.