Assembly of God

Analysis

Assembly of God is a registered charity in United States, based in Lyons, IN. It received its IRS tax-exemption ruling in April 1968, 58 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, Assembly of God reported income of $74k and spending of $87k, spending 118% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $101k to $74k (-27%), an average of -27% a year. The sharpest change came in the year to December 2023, when income dropped by 27%. Over the whole period it spent 116% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Assembly of God sits at the 29th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 26th percentile within IN. Charities of a similar size with the same main cause include PTA Texas Congress ($74k), Friends of the Long Beach Public Library ($74k) and San Antonio Street Art Initiative ($74k).

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 $264k against liabilities of $0, net assets of $264k.