Centro Biblico Casa de Restauracion Inc

Analysis

Centro Biblico Casa de Restauracion Inc is a registered charity in United States, based in Baldwin, NY. 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 2023, Centro Biblico Casa de Restauracion Inc reported income of $375k and spending of $159k, leaving 58% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $272k to $375k (+38%), an average of +11% a year. The sharpest change came in the year to December 2023, when income rose by 17%. Over the whole period it spent 54% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Centro Biblico Casa de Restauracion Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 62nd percentile within NY. Charities of a similar size with the same main cause include Muna Center of Jamaica Inc ($375k), Camp David International Inc ($375k) and Basic Training Bible Ministries ($375k).

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 $31k (20% of expenses). At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.