Cypress Community Assistance Ministries

Analysis

Cypress Community Assistance Ministries is a registered charity in United States, based in Cypress, TX. It received its IRS tax-exemption ruling in April 1901, 125 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, Cypress Community Assistance Ministries reported income of $1.6m and spending of $1.5m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.6m (+30%), an average of +6.9% a year. The sharpest change came in the year to December 2020, when income rose by 40%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cypress Community Assistance Ministries sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 88th percentile within TX. Charities of a similar size with the same main cause include Mountain Area Residential Facility Inc ($1.6m), Somali Bantu Association of America ($1.6m) and Washington Kids in Transition ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% of the total. Other salaries and wages came to $687k. At year end it held assets of $3.8m against liabilities of $2.2m, net assets of $1.7m. It reported 23 employees.