Christ-Centered Ministries

Analysis

Christ-Centered Ministries is a registered charity in United States, based in Inglewood, CA. It received its IRS tax-exemption ruling in October 2024, 2 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 December 2023, Christ-Centered Ministries reported income of $20.4m and spending of $20.8m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $9.7m to $20.4m (+112%), an average of +21% a year. The sharpest change came in the year to December 2020, when income rose by 39%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Christ-Centered Ministries sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within CA. Charities of a similar size with the same main cause include Miami Valley Community Action Partnership ($20.4m), Bradford Child Care Services Inc ($20.5m) and North American Family Institute Inc ($20.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $878k (4.2% of expenses). Other salaries and wages came to $10.9m. At year end it held assets of $2.9m against liabilities of $2.1m, net assets of $824k. It reported 454 employees.