Fresh Oil Ministries Inc New Life Christian Center

Analysis

Fresh Oil Ministries Inc New Life Christian Center is a registered charity in United States, based in Springfield, MO. It received its IRS tax-exemption ruling in June 1995, 31 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, Fresh Oil Ministries Inc New Life Christian Center reported income of $74k and spending of $76k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $51k to $74k (+46%), an average of +46% a year. The sharpest change came in the year to December 2023, when income rose by 46%. Over the whole period it spent 150% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Fresh Oil Ministries Inc New Life Christian Center sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 27th percentile within MO. Charities of a similar size with the same main cause include Bullocks Christian Broadcasting ($74k), CRS Learning Center ($74k) and Crossroads of Caring Inc ($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 $2,338 against liabilities of $0, net assets of $2,338.