Church of God Pentacostas Way of Florida Inc

Analysis

Church of God Pentacostas Way of Florida Inc is a registered charity in United States, based in Fort Myers, FL. It received its IRS tax-exemption ruling in August 1979, 47 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, Church of God Pentacostas Way of Florida Inc reported income of $105k and spending of $67k, leaving 36% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $48k to $105k (+120%), an average of +120% a year. The sharpest change came in the year to December 2023, when income rose by 120%. Over the whole period it spent 75% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Church of God Pentacostas Way of Florida Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 42nd percentile within FL. Charities of a similar size with the same main cause include Lotus Center of Silver City ($105k), Higher Life Ministries Inc ($105k) and Commons International ($105k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $410k against liabilities of $25, net assets of $410k.