Blessed Community Church of NJ Inc
Analysis
Blessed Community Church of NJ Inc is a registered charity in United States, based in Paramus, 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, Blessed Community Church of NJ Inc reported income of $269k and spending of $264k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $328k to $269k (-18%), an average of -4.8% a year. The sharpest change came in the year to December 2020, when income dropped by 30%. Over the whole period it spent 94% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Blessed Community Church of NJ Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 66th percentile within NJ. Charities of a similar size with the same main cause include Final Fight Bible Radio ($269k), Crosslife Ministries Inc ($269k) and Light of Love Ministry ($269k).
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 $40k. At year end it held assets of $276k against liabilities of $0, net assets of $276k. It reported 1 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Final Fight Bible Radio | Meridian | $269k |
| Crosslife Ministries Inc | Raleigh | $269k |
| Light of Love Ministry | Riverside | $269k |
| Jim Gilbert Ministries Inc | Gainesville | $269k |