Wolfchase Church of Christ

Analysis

Wolfchase Church of Christ is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in August 2021, 5 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 2022, Wolfchase Church of Christ reported income of $133k and spending of $46k, leaving 65% of income unspent that year. Across the 2 years on record, from December 2021 to December 2022, income fell from $366k to $133k (-64%), an average of -64% a year. The sharpest change came in the year to December 2022, when income dropped by 64%. Over the whole period it spent 25% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Wolfchase Church of Christ sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 44th percentile within TN. Charities of a similar size with the same main cause include Doug Holliday Ministries Inc ($133k), Greater Treme Consortium Inc ($133k) and Gethsemane Outreach ($133k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $582k against liabilities of $0, net assets of $582k.