Lake Merced Church of Christ

Analysis

Lake Merced Church of Christ is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in March 1972, 54 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 2020, Lake Merced Church of Christ reported income of $76k and spending of $173k, spending 230% of what it took in. Across the 2 years on record, from December 2019 to December 2020, income fell from $108k to $76k (-30%), an average of -30% a year. The sharpest change came in the year to December 2020, when income dropped by 30%. Over the whole period it spent 181% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Lake Merced Church of Christ sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 32nd percentile within CA. Charities of a similar size with the same main cause include Works for the Glory of God ($76k), Revival Fire Ministries ($76k) and Sandra Caplan Community Bet Din ($76k).

On its Form 990 for the period ending December 2020, revenue came from contributions and grants 61% of the total. Compensation of current officers, directors and key employees was $84k (48% of expenses). At year end it held assets of $247k against liabilities of -$2,033, net assets of $249k. It reported 2 employees.