Iglesia Nueva Generacion

Analysis

Iglesia Nueva Generacion is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in June 2009, 17 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 Nueva Generacion reported income of $106k and spending of $97k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $98k to $106k (+7.9%), an average of +7.9% a year. Over the whole period it spent 96% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Iglesia Nueva Generacion sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 41st percentile within CA. Charities of a similar size with the same main cause include Barnabas Group Inc ($106k), Radical Truth ($106k) and International Bris Association Inc ($106k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $4,720 against liabilities of $15k, net assets of -$10k.