Iglesia Betsaida Inc

Analysis

Iglesia Betsaida Inc is a registered charity in United States, based in Bell, CA. It received its IRS tax-exemption ruling in July 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 Betsaida Inc reported income of $170k and spending of $170k, spending 100% of its income. Across the 4 years on record, from December 2018 to December 2023, income fell from $207k to $170k (-18%), an average of -6.3% a year. The sharpest change came in the year to December 2020, when income dropped by 22%. Over the whole period it spent 98% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Iglesia Betsaida Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 52nd percentile within CA. Charities of a similar size with the same main cause include One Mind Foundation ($170k), Holy Family Apostolate Corporation ($170k) and Mission of Love and Life Corp ($170k).

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 $36k (21% of expenses). At year end it held assets of $0 against liabilities of $0, net assets of $0.