C O O L Ministries

Analysis

C O O L Ministries is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in October 2001, 25 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, C O O L Ministries reported income of $100k and spending of $103k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $188k to $100k (-47%), an average of -15% a year. The sharpest change came in the year to December 2023, when income dropped by 50%. Over the whole period it spent 111% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, C O O L Ministries sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 39th percentile within TX. Charities of a similar size with the same main cause include Hill Country Life Church Ministries ($100k), Kingdom First Ministries ($100k) and Muslim Chaplaincy at Uic ($100k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $3,456. At year end it held assets of $45k against liabilities of $105k, net assets of -$60k.