Spiritist Group Love and Light
Analysis
Spiritist Group Love and Light is a registered charity in United States, based in Newark, NJ. It received its IRS tax-exemption ruling in August 2002, 24 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, Spiritist Group Love and Light reported income of $91k and spending of $87k, spending 96% of its income. The sharpest change came in the year to December 2023, when income rose by 52%. Over the whole period it spent 134% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Spiritist Group Love and Light sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 42nd percentile within NJ. Charities of a similar size with the same main cause include Threshold Retreat Inc ($91k), International Pentecostal Church ($92k) and United States Christian Golf Association ($91k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 58% of the total. At year end it held assets of $102k against liabilities of $20k, net assets of $82k.
Income and spending
Where the income comes from
- Contributions & grants 58%
- Other 42%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Threshold Retreat Inc | East Bend | $91k |
| International Pentecostal Church | New York | $92k |
| United States Christian Golf Association | Southaven | $91k |
| Word of Life Christian Worship Center Inc | Racine | $92k |