Primera Iglesia Pentecostal Roca de Salvacion Inc

Analysis

Primera Iglesia Pentecostal Roca de Salvacion Inc is a registered charity in United States, based in Brentwood, NY. It received its IRS tax-exemption ruling in April 2003, 23 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, Primera Iglesia Pentecostal Roca de Salvacion Inc reported income of $281k and spending of $205k, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $333k to $281k (-16%), an average of -4.2% a year. The sharpest change came in the year to December 2023, when income rose by 32%. Over the whole period it spent 67% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Primera Iglesia Pentecostal Roca de Salvacion Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 57th percentile within NY. Charities of a similar size with the same main cause include Ton Thang Monastery ($281k), Christian Campus Center at Uta Inc ($281k) and New Life Outreach Ministry Incorporated ($281k).

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 $9,600 (4.7% of expenses). At year end it held assets of $3.3m against liabilities of $512k, net assets of $2.8m.