Fannin County Community Ministries Inc

Analysis

Fannin County Community Ministries Inc is a registered charity in United States, based in Bonham, TX. It received its IRS tax-exemption ruling in August 1995, 31 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 December 2023, Fannin County Community Ministries Inc reported income of $55k and spending of $23k, leaving 58% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $44k to $55k (+26%), an average of +26% a year. The sharpest change came in the year to December 2023, when income rose by 26%. Over the whole period it spent 58% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Fannin County Community Ministries Inc sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 22nd percentile within TX. Charities of a similar size with the same main cause include Compassion Restoration Ministries Inc ($55k), Ohio in Arabic Foundation ($55k) and Wachusett Food Pantry Inc ($55k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $124k against liabilities of $0, net assets of $124k.