Assembly Care Ministries Inc

Analysis

Assembly Care Ministries Inc is a registered charity in United States, based in Sanford, NC. It received its IRS tax-exemption ruling in December 2007, 19 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 December 2023, Assembly Care Ministries Inc reported income of $176k and spending of $154k, spending 87% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $224k to $176k (-21%), an average of -11% a year. The sharpest change came in the year to December 2023, when income dropped by 21%. Over the whole period it spent 90% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Assembly Care Ministries Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 49th percentile within NC. Charities of a similar size with the same main cause include Mosaic Vision Ministries Inc ($176k), Wilfred Graves Ministries Inc ($177k) and Iglesia Evangelica El Cordero Inc ($176k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $92k against liabilities of $0, net assets of $92k.