Iglesia Pentecostal Ministerios Trono de Gracia

Analysis

Iglesia Pentecostal Ministerios Trono de Gracia is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in June 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 2022, Iglesia Pentecostal Ministerios Trono de Gracia reported income of $185k and spending of $176k, spending 95% of its income. Across the 4 years on record, from December 2019 to December 2022, income fell from $252k to $185k (-27%), an average of -9.8% a year. The sharpest change came in the year to December 2021, when income rose by 41%. Over the whole period it spent 101% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Iglesia Pentecostal Ministerios Trono de Gracia sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 56th percentile within NV. Charities of a similar size with the same main cause include Project 2 49 Inc ($185k), Be the One Ministries Inc ($185k) and Supreme Task International Inc ($185k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $35k (20% of expenses). Other salaries and wages came to $86k. At year end it held assets of $45k against liabilities of $0, net assets of $45k. It reported 3 employees.