Glorious Power Church

Analysis

Glorious Power Church is a registered charity in United States, based in N Chelmsford, MA. It received its IRS tax-exemption ruling in May 2020, 6 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, Glorious Power Church reported income of $154k and spending of $100k, leaving 35% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $94k to $154k (+63%), an average of +64% a year. The sharpest change came in the year to December 2023, when income rose by 63%. Over the whole period it spent 64% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Glorious Power Church sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 53rd percentile within MA. Charities of a similar size with the same main cause include New Mount Bethel Baptist Church ($154k), House That Mercy Built ($154k) and Liberated Together Inc ($154k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $92k against liabilities of $0, net assets of $92k.