Celebration Church

Analysis

Celebration Church is a registered charity in United States, based in Browns Mills, NJ. 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, Celebration Church reported income of $102k and spending of $170k, spending 167% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $144k to $102k (-30%), an average of -30% a year. The sharpest change came in the year to December 2023, when income dropped by 30%. Over the whole period it spent 114% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Celebration Church sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 45th percentile within NJ. Charities of a similar size with the same main cause include World Wide Ministries ($102k), Eighth District Dental Foundation Inc ($102k) and Emunah Project Inc ($102k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% of the total. Compensation of current officers, directors and key employees was $25k (15% of expenses). Other salaries and wages came to $5,900. At year end it held assets of $136k against liabilities of $0, net assets of $136k.