Faith Tabernacle Comm Church

Analysis

Faith Tabernacle Comm Church is a registered charity in United States, based in Clayton, NJ. It received its IRS tax-exemption ruling in December 2003, 23 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 2022, Faith Tabernacle Comm Church reported income of $233k and spending of $291k, spending 125% of what it took in. Across the 5 years on record, from December 2018 to December 2022, income fell from $376k to $233k (-38%), an average of -11% a year. The sharpest change came in the year to December 2019, when income dropped by 46%. Over the whole period it spent 92% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Faith Tabernacle Comm Church sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 64th percentile within NJ. Charities of a similar size with the same main cause include Deeper Life Church ($233k), Gospel Light Ministries ($233k) and Cross-Cultural Ministries Inc ($233k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.2m against liabilities of $684k, net assets of $486k.