True Faith Christian Center Inc

Analysis

True Faith Christian Center Inc is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in April 2005, 21 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 2022, True Faith Christian Center Inc reported income of $53k and spending of $32k, leaving 38% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $38k to $53k (+38%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 49%. Over the whole period it spent 75% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, True Faith Christian Center Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 19th percentile within TN. Charities of a similar size with the same main cause include Oasis Ministries Inc ($53k), Missions Inc ($53k) and Couples for Christ-North Carolina ($53k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $9,360 (29% of expenses). Other salaries and wages came to $2,238. At year end it held assets of $53k against liabilities of $32k, net assets of $20k. It reported 1 employees.