Expansion Church of South Florida Inc

Analysis

Expansion Church of South Florida Inc is a registered charity in United States, based in Port St Lucie, FL. It received its IRS tax-exemption ruling in June 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, Expansion Church of South Florida Inc reported income of $322k and spending of $305k, spending 95% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $129k to $322k (+149%), an average of +36% a year. The sharpest change came in the year to December 2021, when income rose by 58%. Over the whole period it spent 85% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Expansion Church of South Florida Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 66th percentile within FL. Charities of a similar size with the same main cause include Quang Duc Buddhist Center ($322k), His Glory Ministries Inc ($322k) and Partners in Bible Translation Inc ($322k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $57k (19% of expenses). At year end it held assets of $80k against liabilities of $139k, net assets of -$59k. It reported 1 employees.