CFC Ministries Inc
Analysis
CFC Ministries Inc is a registered charity in United States, based in Canton, GA. It received its IRS tax-exemption ruling in December 2017, 9 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, CFC Ministries Inc reported income of $151k and spending of $143k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $144k to $151k (+4.6%), an average of +4.6% a year. Over the whole period it spent 96% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, CFC Ministries Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 50th percentile within GA. Charities of a similar size with the same main cause include The Quan Am Buddhist Monastery ($150k), Jalapa Discipleship Chapel ($151k) and Wounded Heart Foundation Inc ($150k).
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 $25k against liabilities of $0, net assets of $25k.
Income and spending
Where the income comes from
- Contributions & grants 100%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| The Quan Am Buddhist Monastery | San Jose | $150k |
| Jalapa Discipleship Chapel | Marion | $151k |
| Wounded Heart Foundation Inc | Flat Rock | $150k |
| Pickens County Christian Learning Centers Inc | Easley | $151k |