Fourth Ward Christian Development Ministry Inc

Analysis

Fourth Ward Christian Development Ministry Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in February 1997, 29 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 2022, Fourth Ward Christian Development Ministry Inc reported income of $239k and spending of $188k, leaving 21% of income unspent that year. Across the 5 years on record, from December 2018 to December 2022, income grew from $220k to $239k (+8.5%), an average of +2.1% a year. The sharpest change came in the year to December 2020, when income rose by 343%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Fourth Ward Christian Development Ministry Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 61st percentile within TX. Charities of a similar size with the same main cause include Carnegie City-County Library ($239k), Springwood Estates Inc ($239k) and Pyle Child Development Center Inc ($239k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 27% and program service revenue 73% of the total. Other salaries and wages came to $32k. At year end it held assets of $1.3m against liabilities of $88k, net assets of $1.2m.