Circular Congregational Church Endowment Inc

Analysis

Circular Congregational Church Endowment Inc is a registered charity in United States, based in Charleston, SC. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Circular Congregational Church Endowment Inc reported income of $55k and spending of $24k, leaving 56% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $153k to $55k (-64%), an average of -23% a year. The sharpest change came in the year to December 2021, when income rose by 213%. Over the whole period it spent 50% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Circular Congregational Church Endowment Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 27th percentile within SC. Charities of a similar size with the same main cause include Icebreaker Prayer Center ($55k), Operation Indigenous Leader ($55k) and International Family Ministry Inc ($55k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 44% of the total. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m.