Redeemed Christian Church of God- Fountain of Living Waters

Analysis

Redeemed Christian Church of God- Fountain of Living Waters is a registered charity in United States, based in Fayetteville, GA. It received its IRS tax-exemption ruling in July 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, Redeemed Christian Church of God- Fountain of Living Waters reported income of $140k and spending of $103k, leaving 27% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $159k to $140k (-12%), an average of -12% a year. Over the whole period it spent 47% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Redeemed Christian Church of God- Fountain of Living Waters sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 48th percentile within GA. Charities of a similar size with the same main cause include Cibc Holding Corporation ($140k), Ebenezer Faith and Grace Tabernacle ($140k) and Victor Chijioke Ministries Inc ($140k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $562k against liabilities of $267k, net assets of $294k.