Canaan Shin Sheng Christian Church

Analysis

Canaan Shin Sheng Christian Church is a registered charity in United States, based in Harbor City, CA. It received its IRS tax-exemption ruling in March 1985, 41 years ago. 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, Canaan Shin Sheng Christian Church reported income of $125k and spending of $100k, spending 80% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $104k to $125k (+20%), an average of +4.6% a year. The sharpest change came in the year to December 2023, when income rose by 43%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Canaan Shin Sheng Christian Church sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 45th percentile within CA. Charities of a similar size with the same main cause include Arts Council of Henderson County Inc ($125k), E S Freedom Housing Development Fund Company Inc ($125k) and Spruce Creek Musical Performing Arts Association Inc ($125k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $761k against liabilities of $0, net assets of $761k.