Church of the New Covenant Inc

Analysis

Church of the New Covenant Inc is a registered charity in United States, based in Austin, IN. It received its IRS tax-exemption ruling in January 2018, 8 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, Church of the New Covenant Inc reported income of $66k and spending of $63k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $68k to $66k (-3.6%), an average of -3.6% a year. Over the whole period it spent 96% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Church of the New Covenant Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 23rd percentile within IN. Charities of a similar size with the same main cause include WMM Resource Center ($66k), Global Springs Ministry ($66k) and Mercy Air Inc ($66k).

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 $18k against liabilities of $0, net assets of $18k.