Church of Jesus Christ the Lord Inc

Analysis

Church of Jesus Christ the Lord Inc is a registered charity in United States, based in Paterson, NJ. It received its IRS tax-exemption ruling in September 1997, 29 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, Church of Jesus Christ the Lord Inc reported income of $205k and spending of $145k, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $145k to $205k (+42%), an average of +9.1% a year. The sharpest change came in the year to December 2021, when income rose by 24%. Over the whole period it spent 78% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Church of Jesus Christ the Lord Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 61st percentile within NJ. Charities of a similar size with the same main cause include First United Methodist Church of Wilson Endowment Fund a Non-Pro ($205k), Seek Well Ministries Inc ($205k) and My Catholic Life Inc ($205k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% and program service revenue 45% of the total. Compensation of current officers, directors and key employees was $24k (17% of expenses). At year end it held assets of $1.6m against liabilities of $570k, net assets of $1.1m.