Church Loan Fund Inc

Analysis

Church Loan Fund Inc is a registered charity in United States, based in Cleveland, TN. It received its IRS tax-exemption ruling in May 2011, 15 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, Church Loan Fund Inc reported income of $2.5m and spending of $2.4m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.3m to $2.5m (+8.3%), an average of +2.0% a year. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Church Loan Fund Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within TN. Charities of a similar size with the same main cause include Reid Saunders Evangelistic Association ($2.5m), Reach a Village ($2.5m) and Kadava Patidar Samaj Inc ($2.5m).

At year end it held assets of $50.4m against liabilities of $50.1m, net assets of $221k.