Fraternidad Cristiana Stamford Inc
Analysis
Fraternidad Cristiana Stamford Inc is a registered charity in United States, based in Stamford, CT. It received its IRS tax-exemption ruling in August 2016, 10 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, Fraternidad Cristiana Stamford Inc reported income of $892k and spending of $861k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $781k to $892k (+14%), an average of +3.4% a year. The sharpest change came in the year to December 2021, when income rose by 32%. Over the whole period it spent 100% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Fraternidad Cristiana Stamford Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 76th percentile within CT. Charities of a similar size with the same main cause include Alliance for Shared Values Inc ($891k), Just Horizons Alliance Inc ($892k) and Miracle Healing Center ($891k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $276k (32% of expenses). Other salaries and wages came to $15k. At year end it held assets of $82k against liabilities of $755, net assets of $81k.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Alliance for Shared Values Inc | Clifton | $891k |
| Just Horizons Alliance Inc | Boston | $892k |
| Miracle Healing Center | McKinney | $891k |
| Tu Lam Buddhist Temple | San Jose | $892k |