Avalon Worship

Analysis

Avalon Worship is a registered charity in United States, based in McKinney, TX. It received its IRS tax-exemption ruling in September 1989, 37 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 2023, Avalon Worship reported income of $104k and spending of $130k, spending 124% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $272k to $104k (-62%), an average of -62% a year. The sharpest change came in the year to December 2023, when income dropped by 62%. Over the whole period it spent 91% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Avalon Worship sits at the 45th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 41st percentile within TX. Charities of a similar size with the same main cause include Southwest Foundation ($104k), Catalyst Services Inc ($104k) and Morning Reflections Inc ($104k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $23k (18% of expenses). At year end it held assets of $60k against liabilities of $3,897, net assets of $56k. It reported 2 employees.