Iglesia de Cristo Ministerios Renacer

Analysis

Iglesia de Cristo Ministerios Renacer is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in October 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, Iglesia de Cristo Ministerios Renacer reported income of $103k and spending of $79k, leaving 23% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $94k to $103k (+8.9%), an average of +8.9% a year. Over the whole period it spent 84% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Iglesia de Cristo Ministerios Renacer sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 40th percentile within CA. Charities of a similar size with the same main cause include Last Mile Fund ($103k), Grace Assembly Apostolic Church of Jesus Christ ($103k) and Activation International Ministries ($103k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $116k against liabilities of $0, net assets of $116k.