Presence Church USA Inc

Analysis

Presence Church USA Inc is a registered charity in United States, based in Lakeland, FL. It received its IRS tax-exemption ruling in July 2021, 5 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, Presence Church USA Inc reported income of $94k and spending of $118k, spending 125% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $35k to $94k (+170%), an average of +170% a year. The sharpest change came in the year to December 2023, when income rose by 170%. Over the whole period it spent 107% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Presence Church USA Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 39th percentile within FL. Charities of a similar size with the same main cause include Joshua International Ministries ($94k), Association of Vietnamese Buddhists Nun in America/ Duoc Su Buddhist ($94k) and Go Reach Africa US Office Inc ($94k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $6,598 against liabilities of $0, net assets of $6,598.