Pennyrile Christian Community Inc

Analysis

Pennyrile Christian Community Inc is a registered charity in United States, based in Hopkinsville, KY. It received its IRS tax-exemption ruling in June 1975, 51 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Pennyrile Christian Community Inc reported income of $860k and spending of $869k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $540k to $860k (+59%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 28%. Over the whole period it spent 92% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Pennyrile Christian Community Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within KY. Charities of a similar size with the same main cause include Light of Life International Inc ($860k), Oromo American Twhid Islamic Community of St Paul ($860k) and San Miguel School of Tulsa Inc ($860k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 1.1% of the total. Compensation of current officers, directors and key employees was $73k (8.4% of expenses). Other salaries and wages came to $276k. At year end it held assets of $595k against liabilities of $28k, net assets of $567k. It reported 14 employees.