Iglesia Cristo Te Ama

Analysis

Iglesia Cristo Te Ama is a registered charity in United States, based in Bay Shore, NY. It received its IRS tax-exemption ruling in May 2007, 19 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 Cristo Te Ama reported income of $121k and spending of $130k, spending 108% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $63k to $121k (+90%), an average of +24% a year. The sharpest change came in the year to December 2022, when income rose by 66%. Over the whole period it spent 117% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Iglesia Cristo Te Ama 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 NY. Charities of a similar size with the same main cause include Mikveh of South Shore Congregation ($121k), Hot Springs Ministerial Association ($121k) and Bellevue Taiwanese Christian Church ($121k).

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 $47k against liabilities of $0, net assets of $47k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.