Christian Ministries of the Valley Inc

Analysis

Christian Ministries of the Valley Inc is a registered charity in United States, based in Weslaco, TX. It received its IRS tax-exemption ruling in October 1991, 35 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 2022, Christian Ministries of the Valley Inc reported income of $1.0m and spending of $906k, spending 87% of its income. Across the 4 years on record, from December 2019 to December 2022, income fell from $1.2m to $1.0m (-15%), an average of -5.3% a year. The sharpest change came in the year to December 2022, when income dropped by 17%. Over the whole period it spent 82% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Christian Ministries of the Valley Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 84th percentile within TX. Charities of a similar size with the same main cause include Rose Blumkin Performing Arts Center Foundation ($1.0m), Arts Council of Wilson Inc ($1.0m) and American Institute for Behavioral Research and Technology ($1.0m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 58% and program service revenue 50% of the total. Other salaries and wages came to $252k. At year end it held assets of $3.3m against liabilities of $37k, net assets of $3.3m. It reported 15 employees.