Fresh Oil Missionary Baptist Church
Analysis
Fresh Oil Missionary Baptist Church is a registered charity in United States, based in Camden, NJ. It received its IRS tax-exemption ruling in November 2014, 12 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, Fresh Oil Missionary Baptist Church reported income of $65k and spending of $59k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $58k to $65k (+12%), an average of +12% a year. Over the whole period it spent 103% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Fresh Oil Missionary Baptist Church sits at the 29th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 33rd percentile within NJ. Charities of a similar size with the same main cause include Healing Rooms Ministries of Latin-America ($65k), Advancing Global Missions Inc ($65k) and Brenda & Steve M Coulon Foundation Inc ($65k).
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 $206k against liabilities of $0, net assets of $206k.
Income and spending
Where the income comes from
- Contributions & grants 100%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Healing Rooms Ministries of Latin-America | Jacksonville | $65k |
| Advancing Global Missions Inc | Ball Ground | $65k |
| Brenda & Steve M Coulon Foundation Inc | Metairie | $65k |
| Guillermo Villanueva Ministries | Edinburg | $65k |