Ministers Conference Empowerment Center CDC

Analysis

Ministers Conference Empowerment Center CDC is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in June 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Ministers Conference Empowerment Center CDC reported income of $152k and spending of $231k, spending 152% of what it took in. Across the 2 years on record, from December 2020 to December 2022, income fell from $200k to $152k (-24%), an average of -24% a year. The sharpest change came in the year to December 2022, when income dropped by 24%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ministers Conference Empowerment Center CDC sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 48th percentile within MD. Charities of a similar size with the same main cause include Bro2go Inc ($152k), Bens Lighthouse Inc ($152k) and Just Do It Movement Inc ($152k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $453k against liabilities of $286k, net assets of $167k.