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Corinth Reformed Church Charitable Foundation

RegisteredEIN 56-1972597Hickory, NCReligion
Income$111k2023-12
Spending$93ksame year
Spent / received42%3-year average
Size in its cause47th pctReligion
Exempt since1999Supporting organisation
Employees0latest return

Analysis

Corinth Reformed Church Charitable Foundation is a registered charity in United States, based in Hickory, NC. It received its IRS tax-exemption ruling in October 1999, 27 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, Corinth Reformed Church Charitable Foundation reported income of $111k and spending of $93k, spending 84% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $516k to $111k (-78%), an average of -54% a year. The sharpest change came in the year to December 2023, when income dropped by 61%. Over the whole period it spent 42% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Corinth Reformed Church Charitable Foundation sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 37th percentile within NC. Charities of a similar size with the same main cause include Islamic Circle of North America -Northern New Jersey Unit ($111k), Mountain Calling Ministry ($111k) and Houston Centro Cristiano de Restauracion Inc ($111k).

At year end it held assets of $3.0m against liabilities of $0, net assets of $3.0m.

Income and spending

$0$129k$258k$387k$516k2021 Income: $515,9982021 Spending: $135,42120212022 Income: $287,2222022 Spending: $154,00820222023 Income: $111,0192023 Spending: $92,7222023
IncomeSpending

Where the income comes from

  • Other 100%

Similar-sized charities, same cause

CharityLocationIncome
Islamic Circle of North America -Northern New Jersey UnitJersey City$111k
Mountain Calling MinistrySpringfield$111k
Houston Centro Cristiano de Restauracion IncHouston$111k
Cooperacion Misionera Iberoamericana IncSan Juan$111k