Holy Comforter Episcopal Church Foundation Inc

Analysis

Holy Comforter Episcopal Church Foundation Inc is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in August 2001, 25 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, Holy Comforter Episcopal Church Foundation Inc reported income of $108k and spending of $48k, leaving 55% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $9,150 to $108k (+1077%), an average of +85% a year. The sharpest change came in the year to December 2020, when income rose by 524%. Over the whole period it spent 51% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Holy Comforter Episcopal Church Foundation Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 37th percentile within NC. Charities of a similar size with the same main cause include St Raphael Center Inc ($108k), Por Que No Tu ($108k) and Redemption Ministries ($108k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% of the total. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.