Grace Chinese Baptist Church Inc is located in Brooklyn, NY. The organization was established in 2010. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. As of 12/2022, Grace Chinese Baptist Church Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Grace Chinese Baptist Church Inc 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 12/2022, Grace Chinese Baptist Church Inc generated $178.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $142.2k during the year ending 12/2022. While expenses have increased by 0.3% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Program Activity:
Part 3
CHURCH
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hoshea Heshan Huang Pastor | Officer | 40 | $55,140 |
Xiufang Liu Director | Trustee | 40 | $24,000 |
Xiujing Ni Director | Trustee | 40 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $175,201 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $83 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $2,989 |
| Total Revenue | $178,273 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $124,054 |
| Professional fees and other payments to independent contractors | $3,180 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $14,920 |
| Total expenses | $142,154 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $115,882 |
| Other assets | $0 |
| Total assets | $120,658 |
| Total liabilities | $31,233 |
| Net assets or fund balances | $89,425 |