Submerge Family Church

Analysis

Submerge Family Church is a registered charity in United States, based in Arnaudville, LA. It received its IRS tax-exemption ruling in March 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, Submerge Family Church reported income of $100k and spending of $104k, spending 105% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $123k to $100k (-19%), an average of -19% a year. The sharpest change came in the year to December 2023, when income dropped by 19%. Over the whole period it spent 106% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Submerge Family Church sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 36th percentile within LA. Charities of a similar size with the same main cause include Fresh Brewed Ministries Inc ($100k), Koach Hatorah Inc ($100k) and Network of Biblical Storytellers International ($100k).

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 $48k against liabilities of $514, net assets of $48k.