Covenant Ecumenical Fellowship and Cathedral Assemblies

Analysis

Covenant Ecumenical Fellowship and Cathedral Assemblies is a registered charity in United States, based in Perth Amboy, NJ. It received its IRS tax-exemption ruling in June 2016, 10 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Covenant Ecumenical Fellowship and Cathedral Assemblies reported income of $63k and spending of $66k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $34k to $63k (+84%), an average of +84% a year. The sharpest change came in the year to December 2023, when income rose by 84%. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Covenant Ecumenical Fellowship and Cathedral Assemblies sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 32nd percentile within NJ. Charities of a similar size with the same main cause include Sybils Kids Inc ($63k), In the Gap Ministries ($63k) and Haven of Rest Family Ministries Inc ($63k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $66k against liabilities of $66k, net assets of $453.