Slavic Church Sulamita

Analysis

Slavic Church Sulamita is a registered charity in United States, based in Mukilteo, WA. It received its IRS tax-exemption ruling in July 2008, 18 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, Slavic Church Sulamita reported income of $2.7m and spending of $727k, leaving 73% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $853k to $2.7m (+219%), an average of +26% a year. The sharpest change came in the year to December 2022, when income rose by 94%. Over the whole period it spent 41% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Slavic Church Sulamita sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within WA. Charities of a similar size with the same main cause include One Way Ministries ($2.7m), Interfaithfamily Com Inc ($2.7m) and See Jesus Net ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $6.2m against liabilities of $534k, net assets of $5.6m.