Iglesia Evangelica Cristo Promesafiel Inc

Analysis

Iglesia Evangelica Cristo Promesafiel Inc is a registered charity in United States, based in Olney, MD. It received its IRS tax-exemption ruling in June 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 Evangelica Cristo Promesafiel Inc reported income of $273k and spending of $256k, spending 93% of its income. Across the 4 years on record, from June 2020 to December 2023, income grew from $235k to $273k (+16%), an average of +5.2% a year. The sharpest change came in the year to December 2021, when income rose by 57%. Over the whole period it spent 104% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Iglesia Evangelica Cristo Promesafiel Inc 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 60th percentile within MD. Charities of a similar size with the same main cause include Strong Tower Ranch ($273k), Asociacion Jovenes Y Adultos Para Cristo Young Adults and Adults for ($273k) and Boston Collaborative Inc ($273k).

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 $45k (18% of expenses). At year end it held assets of $94k against liabilities of $0, net assets of $94k. It reported 1 employees.