Iglesia Renacer Del Septimo Dia Inc

Analysis

Iglesia Renacer Del Septimo Dia Inc is a registered charity in United States, based in Clovis, NM. It received its IRS tax-exemption ruling in October 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 Renacer Del Septimo Dia Inc reported income of $187k and spending of $225k, spending 121% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $279k to $187k (-33%), an average of -33% a year. The sharpest change came in the year to December 2023, when income dropped by 33%. Over the whole period it spent 102% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Iglesia Renacer Del Septimo Dia Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 49th percentile within NM. Charities of a similar size with the same main cause include Hyveth Williams Ministries ($187k), Afghan American Muslim Outreach ($187k) and St Placids Foundation Inc ($187k).

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 $10k against liabilities of $0, net assets of $10k.