Igreja Evangelica Resgate

Analysis

Igreja Evangelica Resgate is a registered charity in United States, based in Leominster, MA. It received its IRS tax-exemption ruling in November 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, Igreja Evangelica Resgate reported income of $1.1m and spending of $1.0m, spending 98% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $656k to $1.1m (+63%), an average of +10% a year. The sharpest change came in the year to December 2022, when income rose by 27%. Over the whole period it spent 96% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Igreja Evangelica Resgate sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within MA. Charities of a similar size with the same main cause include Association for Educational Development ($1.1m), Warriors Journey ($1.1m) and United Congregations of Metroeast ($1.1m).

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 $270k (26% of expenses). Other salaries and wages came to $36k. At year end it held assets of $710k against liabilities of $689k, net assets of $21k. It reported 8 employees.