El Paso Texas Ignite Movement
Analysis
El Paso Texas Ignite Movement is a registered charity in United States, based in El Paso, TX. It received its IRS tax-exemption ruling in August 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 2022, El Paso Texas Ignite Movement reported income of $513k and spending of $453k, spending 88% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $466k to $513k (+10%), an average of +3.2% a year. The sharpest change came in the year to December 2021, when income rose by 16%. Over the whole period it spent 91% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, El Paso Texas Ignite Movement sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 75th percentile within TX. Charities of a similar size with the same main cause include Balaji Matha ($512k), Iglesia Nueva Esperanza Viva Inc ($513k) and Burmese Muslim Education and Community Center Inc ($512k).
On its Form 990 for the period ending December 2022, revenue came from contributions and grants 86% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $82k (18% of expenses). Other salaries and wages came to $68k. At year end it held assets of $666k against liabilities of $267k, net assets of $399k. It reported 9 employees.
Income and spending
Where the income comes from
- Contributions & grants 86%
- Program services 13%
- Other 0.6%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Balaji Matha | San Jose | $512k |
| Iglesia Nueva Esperanza Viva Inc | Dallas | $513k |
| Burmese Muslim Education and Community Center Inc | Fort Wayne | $512k |
| Solus Church Inc | Boca Raton | $513k |