1st Holy Mt Zion Baptist Church

Analysis

1st Holy Mt Zion Baptist Church is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in September 2006, 20 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, 1st Holy Mt Zion Baptist Church reported income of $111k and spending of $107k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $118k to $111k (-6.0%), an average of -1.5% a year. The sharpest change came in the year to December 2020, when income rose by 138%. Over the whole period it spent 67% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, 1st Holy Mt Zion Baptist Church sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 42nd percentile within CA. Charities of a similar size with the same main cause include Impact 316 ($111k), Living Word Broadcast NPF ($111k) and Tachlis Hachaim Inc ($111k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $33k (31% of expenses). At year end it held assets of $549k against liabilities of $549k, net assets of $0.