Inmaculada Concepcion Corporation

Analysis

Inmaculada Concepcion Corporation is a registered charity in United States, based in East Chicago, IN. It received its IRS tax-exemption ruling in August 2022, 4 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, Inmaculada Concepcion Corporation reported income of $233k and spending of $184k, leaving 21% of income unspent that year. Across the 3 years on record, from December 2020 to December 2023, income grew from $132k to $233k (+76%), an average of +33% a year. The sharpest change came in the year to December 2022, when income rose by 80%. Over the whole period it spent 65% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Inmaculada Concepcion Corporation sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 56th percentile within IN. Charities of a similar size with the same main cause include Milandila Community Missions Inc ($233k), The Islamic Tijaniya Foundation of America ($233k) and 2 Cities Church Inc ($233k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $27k. At year end it held assets of $270k against liabilities of $0, net assets of $270k.