Iglesia Evangelica El Cordero Inc

Analysis

Iglesia Evangelica El Cordero Inc is a registered charity in United States, based in Hauppauge, NY. It received its IRS tax-exemption ruling in August 2003, 23 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 2022, Iglesia Evangelica El Cordero Inc reported income of $176k and spending of $125k, leaving 29% of income unspent that year. Across the 2 years on record, from December 2019 to December 2022, income fell from $213k to $176k (-17%), an average of -17% a year. The sharpest change came in the year to December 2022, when income dropped by 17%. Over the whole period it spent 65% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Iglesia Evangelica El Cordero Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 49th percentile within NY. Charities of a similar size with the same main cause include Colegio Americano Luterano ($176k), Mosaic Vision Ministries Inc ($176k) and Darlene Bishop Ministries ($176k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $26k (21% of expenses). At year end it held assets of $501k against liabilities of $503, net assets of $500k.