North Fryeburg Community Chapel

Analysis

North Fryeburg Community Chapel is a registered charity in United States, based in Fryeburg, ME. It received its IRS tax-exemption ruling in July 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, North Fryeburg Community Chapel reported income of $102k and spending of $125k, spending 123% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $127k to $102k (-20%), an average of -5.4% a year. The sharpest change came in the year to December 2021, when income rose by 59%. Over the whole period it spent 82% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, North Fryeburg Community Chapel sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 31st percentile within ME. Charities of a similar size with the same main cause include Exciting Word Ministries ($102k), One Love Skate ($102k) and Jesus Is the Answer Miracle Church International Inc ($102k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $24k (19% of expenses). At year end it held assets of $1.5m against liabilities of $0, net assets of $1.5m.