Grateful Fellowship Community Church

Analysis

Grateful Fellowship Community Church is a registered charity in United States, based in Desoto, TX. It received its IRS tax-exemption ruling in May 2001, 25 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, Grateful Fellowship Community Church reported income of $195k and spending of $216k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $307k to $195k (-36%), an average of -11% a year. The sharpest change came in the year to December 2023, when income dropped by 20%. Over the whole period it spent 97% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Grateful Fellowship Community Church sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 57th percentile within TX. Charities of a similar size with the same main cause include Divine Benevolence Medical Missions ($195k), Ukirk Collegiate Ministries Association Inc ($195k) and Guan Gong Temple of U S a Inc ($195k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $78k (36% of expenses). Other salaries and wages came to $47k. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m. It reported 1 employees.