Iglesia Camino Verdad Y Vida

Analysis

Iglesia Camino Verdad Y Vida is a registered charity in United States, based in Huntingtn Sta, NY. It received its IRS tax-exemption ruling in June 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Iglesia Camino Verdad Y Vida reported income of $90k and spending of $95k, spending 105% of what it took in. Across the 5 years on record, from December 2018 to December 2022, income grew from $84k to $90k (+6.9%), an average of +1.7% a year. The sharpest change came in the year to December 2021, when income rose by 41%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Iglesia Camino Verdad Y Vida sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 34th percentile within NY. Charities of a similar size with the same main cause include Carlisa ($90k), Ida C Koran Foundation ($90k) and Rotary Club of Kerrville Community Service Fund ($90k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $571k against liabilities of $291k, net assets of $280k.