Chaplaincy Ministries Inc

Analysis

Chaplaincy Ministries Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in April 1983, 43 years ago. 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 2023, Chaplaincy Ministries Inc reported income of $373k and spending of $224k, leaving 40% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $359k to $373k (+3.7%), an average of +0.9% a year. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Chaplaincy Ministries Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 70th percentile within TX. Charities of a similar size with the same main cause include International Missions Support Inc ($373k), Little League Baseball Inc ($373k) and Deer Creek Manor Inc NFP ($373k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% of the total. Compensation of current officers, directors and key employees was $78k (35% of expenses). Other salaries and wages came to $97k. At year end it held assets of $686k against liabilities of $29k, net assets of $656k. It reported 8 employees.