Corrie Ten Boom Fellowship Incorporated

Analysis

Corrie Ten Boom Fellowship Incorporated is a registered charity in United States, based in Colleyville, TX. It received its IRS tax-exemption ruling in May 1998, 28 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Corrie Ten Boom Fellowship Incorporated reported income of $6.8m and spending of $6.1m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.8m to $6.8m (+277%), an average of +39% a year. The sharpest change came in the year to December 2020, when income rose by 186%. Over the whole period it spent 108% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Corrie Ten Boom Fellowship Incorporated sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 95th percentile within TX. Charities of a similar size with the same main cause include Catholic Charities of Central Texas ($6.8m), Somerset Valley Visiting Nurse Association Inc ($6.8m) and National Childrens Chorus ($6.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $4,500 (0.1% of expenses). At year end it held assets of $2.8m against liabilities of $599k, net assets of $2.2m.