Iglesia Luz de Esperanza

Analysis

Iglesia Luz de Esperanza is a registered charity in United States, based in Van Nuys, CA. It received its IRS tax-exemption ruling in November 2012, 14 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 Luz de Esperanza reported income of $101k and spending of $108k, spending 107% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $103k to $101k (-1.8%), an average of -0.9% a year. The sharpest change came in the year to December 2023, when income rose by 16%. 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 Luz de Esperanza sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 39th percentile within CA. Charities of a similar size with the same main cause include Christian Television Network of South Carolina Inc ($101k), Appleseed Network ($101k) and Iglesia Voz de Arcangel ($101k).

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 $12k (11% of expenses). At year end it held assets of $81k against liabilities of $0, net assets of $81k.