Glory Tabernacle Family Life Center Inc

Analysis

Glory Tabernacle Family Life Center Inc is a registered charity in United States, based in Bridgeton, NJ. It received its IRS tax-exemption ruling in February 1998, 28 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Glory Tabernacle Family Life Center Inc reported income of $1.8m and spending of $2.0m, spending 107% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $1.9m to $1.8m (-4.5%), an average of -1.5% a year. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Glory Tabernacle Family Life Center Inc 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 85th percentile, and in the 87th percentile within NJ. Charities of a similar size with the same main cause include Hand to Hold ($1.8m), Greater San Marcos Youth Council Inc DTD 08-01-89 ($1.8m) and St Raymonds Society ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% and program service revenue 5.5% of the total. Compensation of current officers, directors and key employees was $96k (4.9% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $310k against liabilities of $98k, net assets of $211k. It reported 50 employees.