Sebit Church Inc

Analysis

Sebit Church Inc is a registered charity in United States, based in Warren, NJ. It received its IRS tax-exemption ruling in September 2009, 17 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, Sebit Church Inc reported income of $307k and spending of $258k, spending 84% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $282k to $307k (+8.6%), an average of +8.6% a year. Over the whole period it spent 87% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Sebit Church Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 68th percentile within NJ. Charities of a similar size with the same main cause include Operation Idream ($307k), Forever Families Inc ($307k) and Uplands Reach Conference Center Inc ($307k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $62k (24% of expenses). At year end it held assets of $999k against liabilities of $0, net assets of $999k. It reported 2 employees.