Iglesia Mision Evangelistica Inc

Analysis

Iglesia Mision Evangelistica Inc is a registered charity in United States, based in Missouri City, TX. It received its IRS tax-exemption ruling in October 2018, 8 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 2020, Iglesia Mision Evangelistica Inc reported income of $224k and spending of $146k, leaving 35% of income unspent that year. Across the 2 years on record, from December 2019 to December 2020, income fell from $276k to $224k (-19%), an average of -19% a year. The sharpest change came in the year to December 2020, when income dropped by 19%. Over the whole period it spent 63% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Iglesia Mision Evangelistica Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 60th percentile within TX. Charities of a similar size with the same main cause include National Hispanic Pastors Alliance Nahpa Inc ($224k), Reformed Communion ($224k) and Watt Dhammaraingsei Buddhist Temple of Memphis Inc ($224k).

On its Form 990 for the period ending December 2020, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $24k. At year end it held assets of $807k against liabilities of $295k, net assets of $512k.