North Channel Assistance Ministries

Analysis

North Channel Assistance Ministries is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in September 1985, 41 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2019, North Channel Assistance Ministries reported income of $4.6m and spending of $4.7m, spending 103% of its income. Across the 2 years on record, from December 2018 to December 2019, income fell from $13.9m to $4.6m (-67%), an average of -67% a year. The sharpest change came in the year to December 2019, when income dropped by 67%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, North Channel Assistance Ministries sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 94th percentile within TX. Charities of a similar size with the same main cause include Aim High Childrens Services ($4.6m), The Michael Lisnow Respite Center Inc ($4.6m) and Mutual Assistance Network of Del Paso Heights ($4.6m).

On its Form 990 for the period ending December 2019, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $26k (0.6% of expenses). Other salaries and wages came to $50k. At year end it held assets of $567k against liabilities of $446k, net assets of $121k. It reported 4 employees.