Iglesia Roca de Salvacion Inc

Analysis

Iglesia Roca de Salvacion Inc is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in October 2004, 22 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Iglesia Roca de Salvacion Inc reported income of $122k and spending of $93k, leaving 24% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $100k to $122k (+22%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 78% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Iglesia Roca de Salvacion Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 40th percentile within NC. Charities of a similar size with the same main cause include Al Quran Dawah Center Inc ($122k), Praise Harvest Community Church USA Inc ($122k) and Cross Trails Outfitters Inc ($122k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $664k against liabilities of $0, net assets of $664k.