Pentecostal Missionary Church of Christ 4th Watch Philippines Corp

Analysis

Pentecostal Missionary Church of Christ 4th Watch Philippines Corp is a registered charity in United States, based in Gardena, CA. It received its IRS tax-exemption ruling in November 1994, 32 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 August 2023, Pentecostal Missionary Church of Christ 4th Watch Philippines Corp reported income of $4.2m and spending of $3.6m, spending 87% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $2.4m to $4.2m (+75%), an average of +15% a year. The sharpest change came in the year to August 2021, when income rose by 73%. Over the whole period it spent 61% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pentecostal Missionary Church of Christ 4th Watch Philippines Corp sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within CA. Charities of a similar size with the same main cause include Council on Aging for Southeastern Vermont Incorporated ($4.2m), United Cerebral Palsy of Mobile Inc ($4.2m) and Monmouth Council No 9 Civil Service Association Housing Corporation ($4.2m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $311k (8.6% of expenses). At year end it held assets of $23.7m against liabilities of $37k, net assets of $23.7m. It reported 26 employees.