Mount Calvary Holy Church Inc

Analysis

Mount Calvary Holy Church Inc is a registered charity in United States, based in Concord, NC. It received its IRS tax-exemption ruling in December 1997, 29 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 2020, Mount Calvary Holy Church Inc reported income of $270k and spending of $282k, spending 104% of its income. Across the 2 years on record, from December 2019 to December 2020, income grew from $265k to $270k (+2.0%), an average of +2.0% a year. Over the whole period it spent 102% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Mount Calvary Holy Church 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 58th percentile within NC. Charities of a similar size with the same main cause include Canticle Inc ($270k), International Gaudiya Vedanta Society Houston ($270k) and Barkaat-Ul-Quran Center ($270k).

On its Form 990 for the period ending December 2020, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $64k (23% of expenses). At year end it held assets of $639k against liabilities of $1.5m, net assets of -$896k. It reported 1 employees.