Elevating Christian Ministries Inc

Analysis

Elevating Christian Ministries Inc is a registered charity in United States, based in Cashiers, NC. It received its IRS tax-exemption ruling in November 2016, 10 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 2023, Elevating Christian Ministries Inc reported income of $314k and spending of $277k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $443k to $314k (-29%), an average of -8.2% a year. The sharpest change came in the year to December 2022, when income dropped by 48%. Over the whole period it spent 102% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Elevating Christian Ministries Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 61st percentile within NC. Charities of a similar size with the same main cause include Samaritan Hands Inc ($314k), Adopt a Family Foundation ($314k) and Iraqi Childrens Hope ($314k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $136k (49% of expenses). At year end it held assets of $52k against liabilities of $14k, net assets of $38k.