First Presbyterian Church of Danvers Foundation

Analysis

First Presbyterian Church of Danvers Foundation is a registered charity in United States, based in Danvers, IL. It received its IRS tax-exemption ruling in March 2005, 21 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, First Presbyterian Church of Danvers Foundation reported income of $58k and spending of $3,793, leaving 94% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $35k to $58k (+64%), an average of +13% a year. The sharpest change came in the year to December 2023, when income rose by 224365%. Over the whole period it spent 66% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, First Presbyterian Church of Danvers Foundation sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 24th percentile within IL. Charities of a similar size with the same main cause include New Jerusalem Church of God in Christ Apostolic in Ga Inc ($58k), Fresh Start Ministries & Mentoring Inc ($58k) and Iglesia Cristiana Pentecostes Unidos ($58k).

At year end it held assets of $800k against liabilities of $0, net assets of $800k.