Assets for Christ Inc

Analysis

Assets for Christ Inc is a registered charity in United States, based in Black Creek, GA. It received its IRS tax-exemption ruling in May 2014, 12 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending April 2022, Assets for Christ Inc reported income of $1.4m and spending of $128k, leaving 91% of income unspent that year. Across the 3 years on record, from April 2020 to April 2022, income grew from $192k to $1.4m (+626%), an average of +169% a year. The sharpest change came in the year to April 2022, when income rose by 626%. Over the whole period it spent 23% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Assets for Christ Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 86th percentile within GA. Charities of a similar size with the same main cause include Ministerios Una Voz Profetica En Las Naciones Inc ($1.4m), Detroit Catholic Pastoral Alliance ($1.4m) and Genesis Radio Network Inc ($1.4m).

On its Form 990 for the period ending April 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $3.0m against liabilities of $1.3m, net assets of $1.7m.