Church Properties Reimagined Inc

Analysis

Church Properties Reimagined Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in April 2005, 21 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Church Properties Reimagined Inc reported income of $108k and spending of $49k, leaving 54% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income fell from $345k to $108k (-69%), an average of -32% a year. The sharpest change came in the year to December 2022, when income dropped by 60%. Over the whole period it spent 27% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Church Properties Reimagined Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 40th percentile within IL. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($108k), PTA California Congress of Parents Teachers & Students Inc ($108k) and Perry Band Boosters Club ($108k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 0.1% and program service revenue 12% of the total. Other salaries and wages came to $11k. At year end it held assets of $1.9m against liabilities of $150, net assets of $1.9m.