Mount Olive Missionary Baptist Church

Analysis

Mount Olive Missionary Baptist Church is a registered charity in United States, based in Longwood, FL. It received its IRS tax-exemption ruling in February 2007, 19 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, Mount Olive Missionary Baptist Church reported income of $78k and spending of $72k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $55k to $78k (+44%), an average of +44% a year. The sharpest change came in the year to December 2023, when income rose by 44%. Over the whole period it spent 89% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Mount Olive Missionary Baptist Church sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 34th percentile within FL. Charities of a similar size with the same main cause include Heart for Monroe Inc ($78k), Sabbath House ($78k) and Tabernacle of Praise and Worshp Center Ministries Inc ($78k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 70% of the total. Compensation of current officers, directors and key employees was $11k (15% of expenses). At year end it held assets of $62k against liabilities of $0, net assets of $62k.