Ascension Christian Center

Analysis

Ascension Christian Center is a registered charity in United States, based in Sorrento, FL. It received its IRS tax-exemption ruling in July 2019, 7 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, Ascension Christian Center reported income of $257k and spending of $149k, leaving 42% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $216k to $257k (+19%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 58% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Ascension Christian Center sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 62nd percentile within FL. Charities of a similar size with the same main cause include Make Impact Right Away ($257k), Lifeline Church Inc ($257k) and Islamic Jafaria Association ($257k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Other salaries and wages came to $61k. At year end it held assets of $271k against liabilities of $29k, net assets of $242k.