Iglesia Bautista Monte Sinai de High Point Inc

Analysis

Iglesia Bautista Monte Sinai de High Point Inc is a registered charity in United States, based in High Point, NC. It received its IRS tax-exemption ruling in August 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 Bautista Monte Sinai de High Point Inc reported income of $87k and spending of $73k, spending 83% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $73k to $87k (+20%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 88% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Iglesia Bautista Monte Sinai de High Point Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 31st percentile within NC. Charities of a similar size with the same main cause include Traditional Latin Mass Foundation Inc ($87k), Christian Parenting Ministries Foundation ($87k) and Knanaya Catholic Congress of Northern California ($87k).

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 $52k against liabilities of $0, net assets of $52k.