Wondrous Faith & Healing Center Inc

Analysis

Wondrous Faith & Healing Center Inc is a registered charity in United States, based in Piscataway, NJ. It received its IRS tax-exemption ruling in February 2016, 10 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, Wondrous Faith & Healing Center Inc reported income of $54k and spending of $39k, leaving 28% of income unspent that year. Across the 2 years on record, from December 2020 to December 2023, income fell from $107k to $54k (-50%), an average of -50% a year. The sharpest change came in the year to December 2023, when income dropped by 50%. Over the whole period it spent 91% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Wondrous Faith & Healing Center Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 28th percentile within NJ. Charities of a similar size with the same main cause include Clearwater Christian Foundation Inc ($54k), The Grit and Grace Project Inc ($54k) and Reformed Institute of Metropolitan Washington ($54k).

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 $15k against liabilities of $0, net assets of $15k.