Iglesia Evangelica El Camino Y LA Verdad

Analysis

Iglesia Evangelica El Camino Y LA Verdad is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in January 2014, 12 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 Evangelica El Camino Y LA Verdad reported income of $75k and spending of $88k, spending 119% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $97k to $75k (-23%), an average of -23% a year. The sharpest change came in the year to December 2023, when income dropped by 23%. Over the whole period it spent 98% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Iglesia Evangelica El Camino Y LA Verdad sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 31st percentile within CA. Charities of a similar size with the same main cause include Sozo Chattanooga ($75k), The Crosspoint Church Inc ($75k) and Catskill Christian Assembly ($75k).

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 $40k against liabilities of $0, net assets of $40k.