Eternal Rock Christian Church Inc

Analysis

Eternal Rock Christian Church Inc is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in March 1989, 37 years ago. 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, Eternal Rock Christian Church Inc reported income of $219k and spending of $241k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $240k to $219k (-8.9%), an average of -2.3% a year. The sharpest change came in the year to December 2020, when income dropped by 25%. Over the whole period it spent 107% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Eternal Rock Christian Church Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 53rd percentile within NY. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($219k), Volunteers of America Inc ($219k) and Quaboag Valley Business Assistance Corporation ($219k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $30k (12% of expenses). At year end it held assets of $604k against liabilities of $0, net assets of $604k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.