Citadel Church Inc

Analysis

Citadel Church Inc is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in August 2014, 12 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 2019, Citadel Church Inc reported income of $404k and spending of $399k, spending 99% of its income. Across the 3 years on record, from December 2017 to December 2019, income grew from $254k to $404k (+59%), an average of +26% a year. The sharpest change came in the year to December 2018, when income rose by 29%. Over the whole period it spent 99% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Citadel Church Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 70th percentile within FL. Charities of a similar size with the same main cause include Heritage for the Blind Inc ($404k), Not by Works Inc ($404k) and Living Destiny Tabernacle ($404k).

On its Form 990 for the period ending December 2019, revenue came from contributions and grants 100% of the total. At year end it held assets of $773k against liabilities of $703k, net assets of $70k.