Iglesia de Cristo Adulam
Analysis
Iglesia de Cristo Adulam is a registered charity in United States, based in Pearland, TX. It received its IRS tax-exemption ruling in January 2011, 15 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, Iglesia de Cristo Adulam reported income of $81k and spending of $84k, spending 104% of its income. Across the 6 years on record, from December 2018 to December 2023, income fell from $98k to $81k (-17%), an average of -3.7% a year. The sharpest change came in the year to December 2020, when income dropped by 20%. Over the whole period it spent 99% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Iglesia de Cristo Adulam sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 33rd percentile within TX. Charities of a similar size with the same main cause include Unreached 4k ($81k), Sonrise Ministries Inc ($81k) and Plant a Seed Foundation ($81k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $22k against liabilities of $0, net assets of $22k.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Unreached 4k | Louisville | $81k |
| Sonrise Ministries Inc | Virginia BCH | $81k |
| Plant a Seed Foundation | Modesto | $81k |
| Barnabas Ministries International | Seymour | $81k |