Iglesia Nueva Vida Eagles Nest

Analysis

Iglesia Nueva Vida Eagles Nest is a registered charity in United States, based in Stanton, CA. It received its IRS tax-exemption ruling in June 1991, 35 years ago. 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 2022, Iglesia Nueva Vida Eagles Nest reported income of $208k and spending of $134k, leaving 35% of income unspent that year. Across the 3 years on record, from December 2020 to December 2022, income grew from $126k to $208k (+65%), an average of +28% a year. The sharpest change came in the year to December 2022, when income rose by 47%. Over the whole period it spent 72% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Iglesia Nueva Vida Eagles Nest sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 57th percentile within CA. Charities of a similar size with the same main cause include Lakeland Retirement Foundation Ltd ($208k), Harry Alan Gregg Foundation ($208k) and Hospice Volunteers of Somerset County Inc ($208k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.6m against liabilities of $425k, net assets of $1.2m.