New England Grace Presbyterian Church Inc

Analysis

New England Grace Presbyterian Church Inc is a registered charity in United States, based in West Hartford, CT. It received its IRS tax-exemption ruling in January 2010, 16 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 2021, New England Grace Presbyterian Church Inc reported income of $337k and spending of $356k, spending 106% of what it took in. Across the 3 years on record, from December 2019 to December 2021, income fell from $365k to $337k (-7.6%), an average of -3.9% a year. The sharpest change came in the year to December 2020, when income dropped by 18%. Over the whole period it spent 103% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, New England Grace Presbyterian Church Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 61st percentile within CT. Charities of a similar size with the same main cause include Calvary International Christian Ministries Inc ($337k), Doers of the Word Ministries Inc ($337k) and Next Level Worship International Inc ($337k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $99k. At year end it held assets of $723k against liabilities of $434k, net assets of $289k. It reported 3 employees.