Iglesia Roca de Salvacion Inc

Analysis

Iglesia Roca de Salvacion Inc is a registered charity in United States, based in Thomasville, NC. It received its IRS tax-exemption ruling in October 2004, 22 years ago. 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 $59k and spending of $63k, spending 107% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $72k to $59k (-18%), an average of -9.5% a year. The sharpest change came in the year to December 2022, when income dropped by 23%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Iglesia Roca de Salvacion Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 21st percentile within NC. Charities of a similar size with the same main cause include Ecumenical Foundation Inc ($59k), The Brea Education Foundation ($59k) and Symphony Guild of Winter Haven Inc ($59k).

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 $1 against liabilities of $0, net assets of $1.