Centering Space

Analysis

Centering Space is a registered charity in United States, based in Lakewood, OH. It received its IRS tax-exemption ruling in December 2022, 4 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Centering Space reported income of $646k and spending of $48k, leaving 93% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $259k to $646k (+150%), an average of +150% a year. The sharpest change came in the year to December 2023, when income rose by 150%. Over the whole period it spent 6.9% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Centering Space sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within OH. Charities of a similar size with the same main cause include New Mt Calvary Christian Center ($646k), Miracle Connect USA ($647k) and Matthews 6 20 Foundation ($646k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 5.3% of the total. At year end it held assets of $841k against liabilities of $0, net assets of $841k.