Newark Bethel Assembly

Analysis

Newark Bethel Assembly is a registered charity in United States, based in Newark, NJ. It received its IRS tax-exemption ruling in June 2013, 13 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, Newark Bethel Assembly reported income of $82k and spending of $82k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $100k to $82k (-18%), an average of -18% a year. The sharpest change came in the year to December 2023, when income dropped by 18%. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Newark Bethel Assembly sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 39th percentile within NJ. Charities of a similar size with the same main cause include Mens Downtown Bible Class Ofwaxahachie ($82k), Child Evangelism Fellowship of Columbia-Montour Counties Inc ($82k) and Kings Wings Inc ($82k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 48% of the total. At year end it held assets of $1 against liabilities of $0, net assets of $1.