Onecity Church FC

Analysis

Onecity Church FC is a registered charity in United States, based in Bonham, TX. It received its IRS tax-exemption ruling in March 2022, 4 years ago. 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, Onecity Church FC reported income of $287k and spending of $362k, spending 126% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $281k to $287k (+2.3%), an average of +2.3% a year. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Onecity Church FC sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 65th percentile within TX. Charities of a similar size with the same main cause include Your Family Resource Connection Inc ($287k), Charlotte Institute for Faith and Work ($287k) and T H Rogers School Parent Teacher Organization ($287k).

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 $129k (36% of expenses). Other salaries and wages came to $1,650. At year end it held assets of $147k against liabilities of $0, net assets of $147k. It reported 3 employees.