The Throne Life International Church Inc

Analysis

The Throne Life International Church Inc is a registered charity in United States, based in Sachse, TX. It received its IRS tax-exemption ruling in June 2021, 5 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, The Throne Life International Church Inc reported income of $107k and spending of $104k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $258k to $107k (-59%), an average of -59% a year. The sharpest change came in the year to December 2023, when income dropped by 59%. Over the whole period it spent 60% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, The Throne Life International Church Inc 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 39th percentile, and in the 41st percentile within TX. Charities of a similar size with the same main cause include Angaza Ministries ($107k), Area Christians Together in Service Inc ($107k) and Executive Bible Institute Inc ($107k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $90k. At year end it held assets of $247k against liabilities of $0, net assets of $247k. It reported 1 employees.