Bold City Church Corporation

Analysis

Bold City Church Corporation is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in December 2015, 11 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, Bold City Church Corporation reported income of $2.2m and spending of $1.9m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $2.2m (+28%), an average of +6.4% a year. The sharpest change came in the year to December 2021, when income rose by 38%. Over the whole period it spent 85% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Bold City Church Corporation sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within FL. Charities of a similar size with the same main cause include Florence Melton Adult Mini-School Corporation ($2.2m), Reaching Above Hopelessness and Brokenness Ministries Inc ($2.2m) and Mary Queen of the Third Millinnium USA ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $624k. At year end it held assets of $4.0m against liabilities of $177k, net assets of $3.8m. It reported 17 employees.