Centro Cristiano Faro de Luz

Analysis

Centro Cristiano Faro de Luz is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in April 2015, 11 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, Centro Cristiano Faro de Luz reported income of $163k and spending of $129k, leaving 21% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $125k to $163k (+30%), an average of +30% a year. The sharpest change came in the year to December 2023, when income rose by 30%. Over the whole period it spent 73% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Centro Cristiano Faro de Luz sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within NY. Charities of a similar size with the same main cause include Father Flanagan League Society of Devotion ($163k), The Prayer Covenant Inc ($163k) and Central Lutheran Foundation Trust ($163k).

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 $151k against liabilities of $0, net assets of $151k.