River of Life Christian Church in Philadelphia

Analysis

River of Life Christian Church in Philadelphia is a registered charity in United States, based in Jamison, PA. It received its IRS tax-exemption ruling in September 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, River of Life Christian Church in Philadelphia reported income of $57k and spending of $79k, spending 138% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $129k to $57k (-56%), an average of -33% a year. The sharpest change came in the year to December 2022, when income dropped by 39%. Over the whole period it spent 62% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, River of Life Christian Church in Philadelphia sits at the 25th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 21st percentile within PA. Charities of a similar size with the same main cause include Ezra Ministries Inc ($57k), Healing Wings Ministries ($57k) and Verse by Verse Ministries Inc ($57k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $68k (87% of expenses). At year end it held assets of $299k against liabilities of $5,001, net assets of $294k.