Iglesia Unity Centro de Luz Inc

Analysis

Iglesia Unity Centro de Luz Inc is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in February 1970, 56 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 2023, Iglesia Unity Centro de Luz Inc reported income of $116k and spending of $86k, leaving 26% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $94k to $116k (+24%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Iglesia Unity Centro de Luz Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 40th percentile within NY. Charities of a similar size with the same main cause include Orlando Diocesan Council of Catholic Women Inc ($116k), Georgia Extension 4-H Foundation ($116k) and Powell County Medical Foundation Inc ($116k).

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 $30k against liabilities of $0, net assets of $30k.