Holy Fire Dynamic Word International Church Inc

Analysis

Holy Fire Dynamic Word International Church Inc is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in March 2010, 16 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 2019, Holy Fire Dynamic Word International Church Inc reported income of $342k and spending of $253k, leaving 26% of income unspent that year. Across the 2 years on record, from December 2018 to December 2019, income fell from $460k to $342k (-26%), an average of -26% a year. The sharpest change came in the year to December 2019, when income dropped by 26%. 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, Holy Fire Dynamic Word International Church Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 60th percentile within NY. Charities of a similar size with the same main cause include Good Counsel Charitable TR ($342k), Aharon Sofer Memorial Fund Inc ($342k) and New Life II Teaching You Another Way Ministries ($342k).

On its Form 990 for the period ending December 2019, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $36k (14% of expenses). Other salaries and wages came to $52k. At year end it held assets of $624k against liabilities of $0, net assets of $624k.