Apostolic Church International U S a Inc

Analysis

Apostolic Church International U S a Inc is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in December 1994, 32 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 2019, Apostolic Church International U S a Inc reported income of $721k and spending of $743k, spending 103% of its income. Across the 2 years on record, from December 2018 to December 2019, income fell from $800k to $721k (-9.9%), an average of -9.9% a year. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Apostolic Church International U S a Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 71st percentile within NY. Charities of a similar size with the same main cause include Newburg Fire Department Inc ($721k), Senior Citizens of Whitley County Incorporated ($721k) and Alzheimers Support Network Inc ($720k).

On its Form 990 for the period ending December 2019, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $62k (8.3% of expenses). At year end it held assets of $3.0m against liabilities of $1.4m, net assets of $1.6m.