Churchcraft Inc

Analysis

Churchcraft Inc is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in January 2023, 3 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 June 2023, Churchcraft Inc reported income of $405k and spending of $110k, leaving 73% of income unspent that year. Across the 2 years on record, from December 2022 to June 2023, income grew from $190k to $405k (+113%), an average of +113% a year. The sharpest change came in the year to June 2023, when income rose by 113%. Over the whole period it spent 27% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Churchcraft Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 68th percentile within OK. Charities of a similar size with the same main cause include Aleksandr Shevchenko International Ministires Inc ($404k), Positive Impact Media Inc ($405k) and Wordalone Ministries ($404k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.1% of the total. At year end it held assets of $452k against liabilities of $20k, net assets of $432k.