Second Chair Church Planting

Analysis

Second Chair Church Planting is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in April 2020, 6 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Second Chair Church Planting reported income of $106k and spending of $75k, leaving 29% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $73k to $106k (+45%), an average of +45% a year. The sharpest change came in the year to December 2023, when income rose by 45%. Over the whole period it spent 81% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Second Chair Church Planting sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 36th percentile within MN. Charities of a similar size with the same main cause include Northeast District Council of the Pentecoastal Assemblies of the Wor ($106k), Pure Love ($106k) and Golden Network Inc ($106k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $73k against liabilities of $0, net assets of $73k.