Community Church Of Praise
EIN: 300711498 · Sumter, SC · NTEE: X20
| Metric | Value |
|---|---|
| Total Revenue | $151K |
| Total Expenses | $99K |
| Net Assets | $87K |
Is Community Church Of Praise Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Community Church Of Praise
Community Church Of Praise (EIN: 300711498) is a nonprofit organization based in Sumter, SC, classified under NTEE code X20. The organization reported total revenue of $151K and total assets of $443K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Community Church Of Praise's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Community Church Of Praise is a small nonprofit that has been operating for 12 years, with 10 years of IRS 990 filings on record (2013–2022). Revenue has grown at a compound annual rate of 17.7%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $121K |
| Total Expenses | $99K |
| Surplus / Deficit | +$22K |
| Total Assets | $430K |
| Total Liabilities | $343K |
| Net Assets | $87K |
| Operating Margin | 18.1% |
| Debt-to-Asset Ratio | 79.8% |
| Months of Reserves | 52.1 months |
Financial Health Grade: A
In 2022, Community Church Of Praise reported a surplus of $22K with revenue exceeding expenses, holds 52.1 months of operating reserves (strong position), has a debt-to-asset ratio of 79.8% (high leverage).
Financial Trends
Over 10 years of filings (2013–2022), Community Church Of Praise's revenue has grown at a compound annual growth rate (CAGR) of 17.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +1.9% | +2.4% | -7.4% |
| 2021 | +33.2% | +10.1% | +2.8% |
| 2020 | -19.1% | -11.9% | +417.9% |
| 2019 | +64.1% | +67.1% | +13.8% |
| 2018 | -26.9% | +26.9% | +10.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Community Church Of Praise has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Community Church Of Praise with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $22K, with revenue exceeding expenses.
- Debt-to-asset ratio: 79.8%.
Frequently Asked Questions about Community Church Of Praise
Is Community Church Of Praise a legitimate charity?
Community Church Of Praise (EIN: 300711498) is a registered tax-exempt nonprofit based in South Carolina. It has 10 years of IRS 990 filings on record. Total revenue: $151K. No red flags identified. Financial health grade: A.
How does Community Church Of Praise spend its money?
Community Church Of Praise reported $151K in total revenue in IRS 990 filings. 10 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Community Church Of Praise tax-deductible?
Community Church Of Praise is registered as a tax-exempt nonprofit (EIN: 300711498). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Community Church Of Praise located?
Community Church Of Praise is headquartered in Sumter, South Carolina and files with the IRS under EIN 300711498. It is classified under NTEE code X20.
How many years of IRS 990 filings does Community Church Of Praise have?
Community Church Of Praise has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $151K in total revenue.
Filing History
IRS 990 filing history for Community Church Of Praise showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2013–2022), Community Church Of Praise's revenue has grown by 332.2%, moving from $28K to $121K. Total assets increased by 8472.9% over the same period, from $5K to $430K. Total functional expenses rose by 243%, from $29K to $99K. In its most recent filing year (2022), Community Church Of Praise reported a surplus of $22K, with revenue exceeding expenses. The organization holds $343K in liabilities against $430K in assets (debt-to-asset ratio: 79.8%), resulting in net assets of $87K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $121K | $99K | $430K | $343K | — | View 990 |
| 2021 | $119K | $97K | $464K | $354K | — | View 990 |
| 2020 | $89K | $88K | $452K | $363K | — | View 990 |
| 2019 | $110K | $100K | $87K | $0 | — | View 990 |
| 2018 | $67K | $60K | $77K | $0 | — | View 990 |
| 2017 | $92K | $47K | $69K | $0 | — | — |
| 2016 | $50K | $45K | $24K | $0 | — | View 990 |
| 2015 | $41K | $37K | $19K | $0 | — | View 990 |
| 2014 | $39K | $32K | $14K | $0 | — | View 990 |
| 2013 | $28K | $29K | $5K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $121K, expenses of $99K, and assets of $430K (revenue +1.9% year-over-year).
- 2021: Revenue of $119K, expenses of $97K, and assets of $464K (revenue +33.2% year-over-year).
- 2020: Revenue of $89K, expenses of $88K, and assets of $452K (revenue -19.1% year-over-year).
- 2019: Revenue of $110K, expenses of $100K, and assets of $87K (revenue +64.1% year-over-year).
- 2018: Revenue of $67K, expenses of $60K, and assets of $77K (revenue -26.9% year-over-year).
- 2017: Revenue of $92K, expenses of $47K, and assets of $69K (revenue +84.8% year-over-year).
- 2016: Revenue of $50K, expenses of $45K, and assets of $24K (revenue +22.4% year-over-year).
- 2015: Revenue of $41K, expenses of $37K, and assets of $19K (revenue +3.1% year-over-year).
- 2014: Revenue of $39K, expenses of $32K, and assets of $14K (revenue +40.8% year-over-year).
- 2013: Revenue of $28K, expenses of $29K, and assets of $5K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Community Church Of Praise:
Data Sources and Methodology
This transparency report for Community Church Of Praise is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.