LA Primera Iglesia Bautista Hispana de Manhattan S B C

Analysis

LA Primera Iglesia Bautista Hispana de Manhattan S B C is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 2017, 9 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, LA Primera Iglesia Bautista Hispana de Manhattan S B C reported income of $714k and spending of $618k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $806k to $714k (-11%), an average of -3.0% a year. The sharpest change came in the year to December 2021, when income rose by 34%. Over the whole period it spent 74% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, LA Primera Iglesia Bautista Hispana de Manhattan S B C sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 71st percentile within NY. Charities of a similar size with the same main cause include Al-Sadiq Islamic Center Inc ($714k), St John No 5 Baptist Church Inc ($714k) and Dharma Drum Retreat Center Inc ($714k).

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 $87k (14% of expenses). Other salaries and wages came to $145k. At year end it held assets of $24k against liabilities of $0, net assets of $24k. It reported 7 employees.