Pentecostal Church of Philadelphiainc

Analysis

Pentecostal Church of Philadelphiainc is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in June 2008, 18 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, Pentecostal Church of Philadelphiainc reported income of $465k and spending of $418k, spending 90% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $324k to $465k (+44%), an average of +7.5% a year. The sharpest change came in the year to December 2023, when income rose by 34%. Over the whole period it spent 94% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Pentecostal Church of Philadelphiainc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 67th percentile within PA. Charities of a similar size with the same main cause include DS Ministries ($465k), International Theological Education Ministries Inc ($465k) and Parish Cupboard Inc ($465k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $88k. At year end it held assets of $1.1m against liabilities of $553k, net assets of $534k. It reported 2 employees.