New Light Baptist Missionary Church Inc

Analysis

New Light Baptist Missionary Church Inc is a registered charity in United States, based in Wake Forest, NC. It received its IRS tax-exemption ruling in November 2022, 4 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, New Light Baptist Missionary Church Inc reported income of $67k and spending of $57k, spending 85% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $4,225 to $67k (+1478%), an average of +1478% a year. The sharpest change came in the year to December 2023, when income rose by 1478%. Over the whole period it spent 159% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, New Light Baptist Missionary Church Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 24th percentile within NC. Charities of a similar size with the same main cause include Reformed Believers Publishing ($67k), Fundacion Ministerio Pentecostes Vida de Cristo ($67k) and Iglesia Evangelica Monte Hermon ($67k).

At year end it held assets of $222k against liabilities of $0, net assets of $222k.