First Central Presbyterian Church of Wilmington de Inc TR 379

Analysis

First Central Presbyterian Church of Wilmington de Inc TR 379 is a registered charity in United States, based in Wilmington, DE. It received its IRS tax-exemption ruling in March 1974, 52 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, First Central Presbyterian Church of Wilmington de Inc TR 379 reported income of $116k and spending of $160k, spending 138% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $560k to $116k (-79%), an average of -33% a year. The sharpest change came in the year to December 2021, when income rose by 400%. Over the whole period it spent 68% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, First Central Presbyterian Church of Wilmington de Inc TR 379 sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 36th percentile within DE. Charities of a similar size with the same main cause include Refuge at Jumper Creek Inc ($116k), Jeremiah 38 Ministries Inc ($116k) and Go Fish Ministries ($116k).

Compensation of current officers, directors and key employees was $38k (24% of expenses). At year end it held assets of $2.5m against liabilities of $0, net assets of $2.5m.