Freemans Temple of the Church of God and Christ Inc

Analysis

Freemans Temple of the Church of God and Christ Inc is a registered charity in United States, based in Gary, IN. It received its IRS tax-exemption ruling in March 2021, 5 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, Freemans Temple of the Church of God and Christ Inc reported income of $78k and spending of $78k, spending 99% of its income. Across the 2 years on record, from December 2021 to December 2023, income grew from $1,500 to $78k (+5099%), an average of +5099% a year. The sharpest change came in the year to December 2023, when income rose by 5099%. Over the whole period it spent 98% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Freemans Temple of the Church of God and Christ Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 28th percentile within IN. Charities of a similar size with the same main cause include Youth Ministry by Design ($78k), Love in the Name of Christ Inc Juneau Alaska ($78k) and Center and Library for the Bible and Social Justice Inc ($78k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $2,997 against liabilities of $0, net assets of $2,997.