Limit Breaker Church Incorporated

Analysis

Limit Breaker Church Incorporated is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in July 2002, 24 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Limit Breaker Church Incorporated reported income of $198k and spending of $194k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $204k to $198k (-3.1%), an average of -0.8% a year. The sharpest change came in the year to December 2020, when income rose by 35%. Over the whole period it spent 98% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Limit Breaker Church Incorporated sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 54th percentile within TN. Charities of a similar size with the same main cause include Adirondack Pregnancy Center ($198k), Many Waters International Ministries ($198k) and C2a This Week Inc ($198k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $2.8m against liabilities of $2.7m, net assets of $32k.