Iglesia Pentecostal Jesus Es Luz

Analysis

Iglesia Pentecostal Jesus Es Luz is a registered charity in United States, based in East Meadow, NY. It received its IRS tax-exemption ruling in April 1993, 33 years ago. 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, Iglesia Pentecostal Jesus Es Luz reported income of $598k and spending of $427k, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $494k to $598k (+21%), an average of +4.9% a year. The sharpest change came in the year to December 2023, when income rose by 64%. Over the whole period it spent 59% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Iglesia Pentecostal Jesus Es Luz sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 69th percentile within NY. Charities of a similar size with the same main cause include Southern Association of Workmens Compensation Administration ($598k), Pascack Valley Meals on Wheels Inc ($598k) and American Water Works Association ($598k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $47k (11% of expenses). At year end it held assets of $2.1m against liabilities of $0, net assets of $2.1m.