Iglesia de Dios de LA Profecia de Hempstead Inc

Analysis

Iglesia de Dios de LA Profecia de Hempstead Inc is a registered charity in United States, based in Hempstead, NY. It received its IRS tax-exemption ruling in April 1994, 32 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 2021, Iglesia de Dios de LA Profecia de Hempstead Inc reported income of $464k and spending of $506k, spending 109% of what it took in. Across the 2 years on record, from December 2019 to December 2021, income fell from $600k to $464k (-23%), an average of -23% a year. The sharpest change came in the year to December 2021, when income dropped by 23%. Over the whole period it spent 112% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Iglesia de Dios de LA Profecia de Hempstead Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 65th percentile within NY. Charities of a similar size with the same main cause include Signs of the Times Apostolate Inc ($464k), Love & Learning Center of Milam County ($464k) and Good Shepherd Mission ($464k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $107k (21% of expenses). Other salaries and wages came to $35k. At year end it held assets of $42k against liabilities of $11k, net assets of $31k. It reported 1 employees.