Iglesia Evangelica Apostoles Y Profetas Monte Los Olivos
Analysis
Iglesia Evangelica Apostoles Y Profetas Monte Los Olivos is a registered charity in United States, based in Laurel, MD. It received its IRS tax-exemption ruling in May 2022, 4 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 Evangelica Apostoles Y Profetas Monte Los Olivos reported income of $267k and spending of $172k, leaving 35% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $192k to $267k (+39%), an average of +39% a year. The sharpest change came in the year to December 2023, when income rose by 39%. Over the whole period it spent 75% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Iglesia Evangelica Apostoles Y Profetas Monte Los Olivos sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 59th percentile within MD. Charities of a similar size with the same main cause include C S S M Ministries International ($267k), Tibyan Institute ($267k) and Discovering Truth Ministries ($267k).
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 $19k (11% of expenses). At year end it held assets of $251k against liabilities of $16k, net assets of $235k. It reported 1 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| C S S M Ministries International | Sault S Marie | $267k |
| Tibyan Institute | Falls Church | $267k |
| Discovering Truth Ministries | El Cajon | $267k |
| Revival in Galilee | Bixby | $267k |