Channel Missions Inc

Analysis

Channel Missions Inc is a registered charity in United States, based in Easley, SC. It received its IRS tax-exemption ruling in February 2021, 5 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, Channel Missions Inc reported income of $74k and spending of $115k, spending 156% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $56k to $74k (+32%), an average of +32% a year. The sharpest change came in the year to December 2023, when income rose by 32%. Over the whole period it spent 90% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Channel Missions Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 35th percentile within SC. Charities of a similar size with the same main cause include Iglesia de Cristo El Mejor Vino Inc ($74k), Adonai Outreach Ministryincorporated ($74k) and Soto Zen Buddhist Association ($74k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $13k against liabilities of $0, net assets of $13k.