Powerhouse Chapel International

Analysis

Powerhouse Chapel International is a registered charity in United States, based in Dumfries, VA. It received its IRS tax-exemption ruling in June 2014, 12 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 2020, Powerhouse Chapel International reported income of $301k and spending of $254k, spending 85% of its income. Across the 4 years on record, from December 2017 to December 2020, income grew from $220k to $301k (+37%), an average of +11% a year. The sharpest change came in the year to December 2020, when income rose by 22%. Over the whole period it spent 90% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Powerhouse Chapel International sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 61st percentile within VA. Charities of a similar size with the same main cause include Limestone Baptist Association ($301k), Step Up to Life ($301k) and Signs of Love ($301k).

On its Form 990 for the period ending December 2020, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $93k. At year end it held assets of $65k against liabilities of $65k, net assets of $0.