Iglesias El Nuevo Nacimiento Inc

Analysis

Iglesias El Nuevo Nacimiento Inc is a registered charity in United States, based in Anaheim, CA. It received its IRS tax-exemption ruling in February 2021, 5 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 2022, Iglesias El Nuevo Nacimiento Inc reported income of $109k and spending of $162k, spending 148% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $91k to $109k (+20%), an average of +6.3% a year. The sharpest change came in the year to December 2021, when income rose by 483%. Over the whole period it spent 90% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Iglesias El Nuevo Nacimiento Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 41st percentile within CA. Charities of a similar size with the same main cause include Brethren Leadership Foundation ($109k), This Little Light Ministries Inc ($109k) and Whitelock Ministries ($109k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $49k against liabilities of $0, net assets of $49k.