Iglesia de Cristo-Church of Christ

Analysis

Iglesia de Cristo-Church of Christ is a registered charity in United States, based in Elgin, IL. It received its IRS tax-exemption ruling in October 2006, 20 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 de Cristo-Church of Christ reported income of $138k and spending of $108k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $109k to $138k (+27%), an average of +6.1% a year. The sharpest change came in the year to December 2023, when income dropped by 28%. Over the whole period it spent 82% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Iglesia de Cristo-Church of Christ sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 46th percentile within IL. Charities of a similar size with the same main cause include Turabi Muslim Community Center ($138k), Thelma M R Kloberdanz Irrv TR ($138k) and Love Focus International Association ($138k).

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 $42k (39% of expenses). At year end it held assets of $427k against liabilities of $427k, net assets of $0. It reported 1 employees.