Greater New Life Church Inc

Analysis

Greater New Life Church Inc is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in May 2015, 11 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 2021, Greater New Life Church Inc reported income of $63k and spending of $53k, spending 83% of its income. Across the 3 years on record, from December 2019 to December 2021, income grew from $40k to $63k (+60%), an average of +26% a year. The sharpest change came in the year to December 2021, when income rose by 118%. Over the whole period it spent 94% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Greater New Life Church Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 26th percentile within TX. Charities of a similar size with the same main cause include United Sikh Movement ($63k), Goals for Life Project Inc ($63k) and Lighthouse Torah Project Inc ($63k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $6,500 (12% of expenses). At year end it held assets of $503k against liabilities of $0, net assets of $503k. It reported 1 employees.