Iglesia de Dios Missionera Los Dos Olivos Inc

Analysis

Iglesia de Dios Missionera Los Dos Olivos Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in January 2011, 15 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, Iglesia de Dios Missionera Los Dos Olivos Inc reported income of $151k and spending of $126k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $138k to $151k (+9.0%), an average of +2.2% a year. The sharpest change came in the year to December 2021, when income rose by 33%. Over the whole period it spent 76% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Iglesia de Dios Missionera Los Dos Olivos Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 51st percentile within TX. Charities of a similar size with the same main cause include City Gate Lancaster ($151k), Praise Court Outreach Mission Inc ($151k) and First Christian Church Foundation Inc ($151k).

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 $30k (24% of expenses). Other salaries and wages came to $18k. At year end it held assets of $748k against liabilities of $374k, net assets of $375k.