Grace Church Spoken Word Ministries is located in Southaven, MS. The organization was established in 2019. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Grace Church Spoken Word Ministries is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Grace Church Spoken Word Ministries generated $26.9k in total revenue. The organization has seen a slow decline revenue. Over the past 2 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $11.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.0%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
SUPPORTED THE SPOKEN WORD OF THE GOSPEL TO THE WORLD.
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $26,943 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $26,943 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $365 |
Salaries, other compensation, and employee benefits | $2,700 |
Professional fees and other payments to independent contractors | $150 |
Occupancy, rent, utilities, and maintenance | $8,289 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $0 |
Total expenses | $11,504 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $91,357 |
Other assets | $0 |
Total assets | $91,357 |
Total liabilities | $0 |
Net assets or fund balances | $91,357 |
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