Centro de Oracion Mundial Emanuel Inc

Analysis

Centro de Oracion Mundial Emanuel Inc is a registered charity in United States, based in Albertville, AL. It received its IRS tax-exemption ruling in March 2009, 17 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, Centro de Oracion Mundial Emanuel Inc reported income of $632k and spending of $533k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $272k to $632k (+133%), an average of +24% a year. The sharpest change came in the year to December 2020, when income rose by 67%. Over the whole period it spent 73% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Centro de Oracion Mundial Emanuel Inc sits at the 87th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 77th percentile within AL. Charities of a similar size with the same main cause include The@call ($632k), Tyndale Bible Translators ($633k) and Gobind Marg Charitable Society Inc ($632k).

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 $57k (11% of expenses). Other salaries and wages came to $102k. At year end it held assets of $865k against liabilities of $335k, net assets of $530k.