Iglesia Comunitaria Nueva Vida

Analysis

Iglesia Comunitaria Nueva Vida is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in October 2017, 9 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 Comunitaria Nueva Vida reported income of $66k and spending of $66k, spending 100% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $62k to $66k (+5.0%), an average of +2.5% a year. Over the whole period it spent 96% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Iglesia Comunitaria Nueva Vida sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 27th percentile within TX. Charities of a similar size with the same main cause include Fields of Harvest Inc ($66k), Vida de Fe Internacional ($66k) and Soldiers for Christ International Ministries Inc ($66k).

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 $66k against liabilities of $0, net assets of $66k.