Faith Tabernacle Comm Church
EIN: 223802963 · Clayton, NJ · NTEE: X21
| Metric | Value |
|---|---|
| Total Revenue | $197K |
| Total Expenses | $291K |
| Net Assets | $486K |
Is Faith Tabernacle Comm Church Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Faith Tabernacle Comm Church
Faith Tabernacle Comm Church (EIN: 223802963) is a nonprofit organization based in Clayton, NJ, classified under NTEE code X21. The organization reported total revenue of $197K and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Faith Tabernacle Comm Church's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Faith Tabernacle Comm Church is a small nonprofit that has been operating for 23 years, with 11 years of IRS 990 filings on record (2012–2022). Revenue has grown at a compound annual rate of 0.3%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $233K |
| Total Expenses | $291K |
| Surplus / Deficit | $-58,400 |
| Total Assets | $1.2M |
| Total Liabilities | $684K |
| Net Assets | $486K |
| Operating Margin | -25.1% |
| Debt-to-Asset Ratio | 58.5% |
| Months of Reserves | 48.2 months |
Financial Health Grade: C
In 2022, Faith Tabernacle Comm Church reported a deficit of $58K with expenses exceeding revenue, holds 48.2 months of operating reserves (strong position), has a debt-to-asset ratio of 58.5% (high leverage).
Financial Trends
Over 11 years of filings (2012–2022), Faith Tabernacle Comm Church's revenue has grown at a compound annual growth rate (CAGR) of 0.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -18.1% | -2.2% | -4.8% |
| 2021 | +10.5% | +88.3% | -1.8% |
| 2020 | +27.7% | -21.1% | +8.3% |
| 2019 | -46.3% | -32.1% | -2.6% |
| 2018 | +36.9% | +73.1% | +4.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Faith Tabernacle Comm Church 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 Faith Tabernacle Comm Church 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 deficit of $58K, with expenses exceeding revenue.
- Debt-to-asset ratio: 58.5%.
Frequently Asked Questions about Faith Tabernacle Comm Church
Is Faith Tabernacle Comm Church a legitimate charity?
Faith Tabernacle Comm Church (EIN: 223802963) is a registered tax-exempt nonprofit based in New Jersey. It has 11 years of IRS 990 filings on record. Total revenue: $197K. No red flags identified. Financial health grade: C.
How does Faith Tabernacle Comm Church spend its money?
Faith Tabernacle Comm Church reported $197K in total revenue in IRS 990 filings. 11 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Faith Tabernacle Comm Church tax-deductible?
Faith Tabernacle Comm Church is registered as a tax-exempt nonprofit (EIN: 223802963). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Faith Tabernacle Comm Church located?
Faith Tabernacle Comm Church is headquartered in Clayton, New Jersey and files with the IRS under EIN 223802963. It is classified under NTEE code X21.
How many years of IRS 990 filings does Faith Tabernacle Comm Church have?
Faith Tabernacle Comm Church has 11 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 $197K in total revenue.
Filing History
IRS 990 filing history for Faith Tabernacle Comm Church showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2012–2022), Faith Tabernacle Comm Church's revenue has grown by 3%, moving from $226K to $233K. Total assets increased by 599.9% over the same period, from $167K to $1.2M. Total functional expenses rose by 123.6%, from $130K to $291K. In its most recent filing year (2022), Faith Tabernacle Comm Church reported a deficit of $58K, with expenses exceeding revenue. The organization holds $684K in liabilities against $1.2M in assets (debt-to-asset ratio: 58.5%), resulting in net assets of $486K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $233K | $291K | $1.2M | $684K | — | View 990 |
| 2021 | $285K | $298K | $1.2M | $684K | — | — |
| 2020 | $258K | $158K | $1.3M | $693K | — | — |
| 2019 | $202K | $201K | $1.2M | $697K | — | — |
| 2018 | $376K | $296K | $1.2M | $729K | — | — |
| 2017 | $275K | $171K | $1.1M | $732K | — | View 990 |
| 2016 | $242K | $142K | $308K | $4K | — | — |
| 2015 | $149K | $127K | $207K | $4K | — | View 990 |
| 2014 | $145K | $101K | $204K | $23K | — | View 990 |
| 2013 | $128K | $109K | $176K | $40K | — | View 990 |
| 2012 | $226K | $130K | $167K | $50K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $233K, expenses of $291K, and assets of $1.2M (revenue -18.1% year-over-year).
- 2021: Revenue of $285K, expenses of $298K, and assets of $1.2M (revenue +10.5% year-over-year).
- 2020: Revenue of $258K, expenses of $158K, and assets of $1.3M (revenue +27.7% year-over-year).
- 2019: Revenue of $202K, expenses of $201K, and assets of $1.2M (revenue -46.3% year-over-year).
- 2018: Revenue of $376K, expenses of $296K, and assets of $1.2M (revenue +36.9% year-over-year).
- 2017: Revenue of $275K, expenses of $171K, and assets of $1.1M (revenue +13.3% year-over-year).
- 2016: Revenue of $242K, expenses of $142K, and assets of $308K (revenue +62.5% year-over-year).
- 2015: Revenue of $149K, expenses of $127K, and assets of $207K (revenue +2.6% year-over-year).
- 2014: Revenue of $145K, expenses of $101K, and assets of $204K (revenue +13.8% year-over-year).
- 2013: Revenue of $128K, expenses of $109K, and assets of $176K (revenue -43.5% year-over-year).
- 2012: Revenue of $226K, expenses of $130K, and assets of $167K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Faith Tabernacle Comm Church:
Data Sources and Methodology
This transparency report for Faith Tabernacle Comm Church 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.