Downtown Church of Christ

Analysis

Downtown Church of Christ is a registered charity in United States, based in Cedar Hill, TX. It received its IRS tax-exemption ruling in September 2008, 18 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, Downtown Church of Christ reported income of $173k and spending of $150k, spending 87% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $224k to $173k (-23%), an average of -8.2% a year. The sharpest change came in the year to December 2023, when income dropped by 19%. Over the whole period it spent 92% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Downtown Church of Christ sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 54th percentile within TX. Charities of a similar size with the same main cause include Stand Firm World Ministries Inc ($173k), Youngs Chapel Missionary Baptist Church Inc ($173k) and Fort Owen Ranch Foundation ($173k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Other salaries and wages came to $4,200. At year end it held assets of $1.2m against liabilities of $670k, net assets of $482k.