Iglesia Pentecostes Antorcha Encendida Inc

Analysis

Iglesia Pentecostes Antorcha Encendida Inc is a registered charity in United States, based in Fort Lauderdale, FL. It received its IRS tax-exemption ruling in April 2018, 8 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 Pentecostes Antorcha Encendida Inc reported income of $63k and spending of $48k, leaving 24% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $54k to $63k (+16%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 16%. 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 Pentecostes Antorcha Encendida Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 28th percentile within FL. Charities of a similar size with the same main cause include Hansamo Inc ($63k), Ummah of Miami Inc ($63k) and Tyler Emmaus Community ($63k).

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 $76k against liabilities of $0, net assets of $76k.