Taylorsville Community Church

Analysis

Taylorsville Community Church is a registered charity in United States, based in Taylorsville, KY. It received its IRS tax-exemption ruling in August 1964, 62 years ago. 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, Taylorsville Community Church reported income of $752k and spending of $600k, leaving 20% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $396k to $752k (+90%), an average of +24% a year. The sharpest change came in the year to December 2021, when income rose by 215%. Over the whole period it spent 53% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Taylorsville Community Church sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within KY. Charities of a similar size with the same main cause include Rural Parish Clinic of the Archdiocese of St Louis ($752k), Volunteer Services of Carlton County Inc ($753k) and Lumen Catechetical Consultants Inc ($752k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $81k (14% of expenses). Other salaries and wages came to $75k. At year end it held assets of $3.3m against liabilities of $1.4m, net assets of $1.9m. It reported 5 employees.