New Covenant Christ Church
Analysis
New Covenant Christ Church is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in September 2016, 10 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 2022, New Covenant Christ Church reported income of $211k and spending of $218k, spending 103% of its income. Across the 3 years on record, from December 2020 to December 2022, income grew from $97k to $211k (+118%), an average of +48% a year. The sharpest change came in the year to December 2021, when income rose by 70%. Over the whole period it spent 101% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, New Covenant Christ Church sits at the 67th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 55th percentile within VA. Charities of a similar size with the same main cause include Wat Nirodharangsee ($211k), Straightway Ministry Inc ($211k) and San Ramon Valley Education Foundation ($211k).
On its Form 990 for the period ending December 2022, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $69k (32% of expenses). At year end it held assets of $0 against liabilities of $0, net assets of $0.
Income and spending
Where the income comes from
- Program services 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Wat Nirodharangsee | Stanardsville | $211k |
| Straightway Ministry Inc | Athens | $211k |
| San Ramon Valley Education Foundation | San Ramon | $211k |
| Crossroads Cathedral Church Inc | Houston | $211k |