St Mark Coptic Orthodox Church

Analysis

St Mark Coptic Orthodox Church is a registered charity in United States, based in Troy, MI. It received its IRS tax-exemption ruling in June 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, St Mark Coptic Orthodox Church reported income of $2.6m and spending of $2.1m, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.3m to $2.6m (+16%), an average of +3.7% a year. The sharpest change came in the year to December 2021, when income rose by 40%. Over the whole period it spent 79% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, St Mark Coptic Orthodox Church sits at the 97th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within MI. Charities of a similar size with the same main cause include Keys for Kids ($2.6m), Restoration Worship Center-Centro de Restauracion Y Adoracion ($2.6m) and Conquistando Las Naciones Para Cristo ($2.6m).

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 $274k (13% of expenses). Other salaries and wages came to $96k. At year end it held assets of $11.8m against liabilities of $1.8m, net assets of $10.0m. It reported 6 employees.