Seventh Street Christian Church Foundation Incorporated

Analysis

Seventh Street Christian Church Foundation Incorporated is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in March 1974, 52 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Seventh Street Christian Church Foundation Incorporated reported income of $83k and spending of $181k, spending 218% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $220k to $83k (-62%), an average of -22% a year. The sharpest change came in the year to December 2021, when income rose by 397%. Over the whole period it spent 68% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Seventh Street Christian Church Foundation Incorporated sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 31st percentile within VA. Charities of a similar size with the same main cause include Wisconsin Destination Imagination Inc ($83k), Southern New Jersey Chamber Foundation ($83k) and Village Acquisition II ($83k).

At year end it held assets of $3.6m against liabilities of $0, net assets of $3.6m.