Local Church Evangelism Inc

Analysis

Local Church Evangelism Inc is a registered charity in United States, based in Newport, ME. It received its IRS tax-exemption ruling in September 1994, 32 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, Local Church Evangelism Inc reported income of $233k and spending of $288k, spending 123% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $261k to $233k (-10%), an average of -2.7% a year. The sharpest change came in the year to December 2023, when income dropped by 20%. Over the whole period it spent 99% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Local Church Evangelism Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 50th percentile within ME. Charities of a similar size with the same main cause include Staunton Augusta Church Relief Association Inc ($233k), Faith Fellowship Inc ($233k) and True Gospel Holiness Christian Center Inc ($233k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $70k. At year end it held assets of $163k against liabilities of $24k, net assets of $138k. It reported 2 employees.