Citychurch Outreach Ministry
Analysis
Citychurch Outreach Ministry is a registered charity in United States, based in Amarillo, TX. It received its IRS tax-exemption ruling in August 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Citychurch Outreach Ministry reported income of $1.1m and spending of $1.3m, spending 112% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $1.6m to $1.1m (-27%), an average of -6.2% a year. The sharpest change came in the year to December 2022, when income rose by 42%. Over the whole period it spent 100% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Citychurch Outreach Ministry sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 84th percentile within TX. Charities of a similar size with the same main cause include California Community College Association for Occupational ($1.1m), Lone Star Conference ($1.1m) and Institute for Learning Innovation ($1.1m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $126k (9.9% of expenses). Other salaries and wages came to $335k. At year end it held assets of $637k against liabilities of $9,436, net assets of $627k. It reported 18 employees.
Income and spending
Where the income comes from
- Contributions & grants 96%
- Other 4.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| California Community College Association for Occupational | Irvine | $1.1m |
| Lone Star Conference | Richardson | $1.1m |
| Institute for Learning Innovation | Beaverton | $1.1m |
| Emenike-Ogunnaike Charitable Foundation Inc | Sherman Oaks | $1.1m |