Onward Church Planting Inc

Analysis

Onward Church Planting Inc is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in June 2013, 13 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, Onward Church Planting Inc reported income of $372k and spending of $605k, spending 163% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $398k to $372k (-6.5%), an average of -1.7% a year. The sharpest change came in the year to December 2020, when income rose by 102%. Over the whole period it spent 94% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Onward Church Planting Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 67th percentile within TN. Charities of a similar size with the same main cause include 721 Ministries Inc ($372k), North County Project ($372k) and Metanoia Missions International ($372k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 4.0% of the total. Compensation of current officers, directors and key employees was $263k (43% of expenses). At year end it held assets of $278k against liabilities of $39k, net assets of $239k.