C24 7 Fathers Arms Ministries

Analysis

C24 7 Fathers Arms Ministries is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in April 2017, 9 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 August 2023, C24 7 Fathers Arms Ministries reported income of $692k and spending of $568k, spending 82% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $488k to $692k (+42%), an average of +9.2% a year. The sharpest change came in the year to August 2020, when income rose by 35%. Over the whole period it spent 53% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, C24 7 Fathers Arms Ministries sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within IL. Charities of a similar size with the same main cause include Charity Guild Inc ($692k), El Centro de Las Americas ($692k) and The Kelly Gibson Foundation ($692k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 101% of the total. Compensation of current officers, directors and key employees was $105k (18% of expenses). Other salaries and wages came to $118k. At year end it held assets of $1.7m against liabilities of $11k, net assets of $1.7m. It reported 8 employees.