Church of the Circle of Lovers of the Holy Megillah

Analysis

Church of the Circle of Lovers of the Holy Megillah is a registered charity in United States, based in Florence, OR. It received its IRS tax-exemption ruling in March 2022, 4 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 2022, Church of the Circle of Lovers of the Holy Megillah reported income of $82k and spending of $87k, spending 106% of what it took in. Across the 3 years on record, from December 2020 to December 2022, income fell from $760k to $82k (-89%), an average of -67% a year. The sharpest change came in the year to December 2021, when income dropped by 86%. Over the whole period it spent 14% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Church of the Circle of Lovers of the Holy Megillah sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 31st percentile within OR. Charities of a similar size with the same main cause include Tzur Yisrael - Rock of Israel Messianic Congregation ($82k), Experience Church ($82k) and Most Holy Redeemer Conference St Vincent Depaul Society ($82k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 71% of the total. Other salaries and wages came to $17k. At year end it held assets of $812k against liabilities of $0, net assets of $812k.