Iglesia Cristiana Pentecostes Torre Fuerte Prov-18-10

Analysis

Iglesia Cristiana Pentecostes Torre Fuerte Prov-18-10 is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in March 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 2023, Iglesia Cristiana Pentecostes Torre Fuerte Prov-18-10 reported income of $63k and spending of $76k, spending 122% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $106k to $63k (-41%), an average of -41% a year. The sharpest change came in the year to December 2023, when income dropped by 41%. Over the whole period it spent 93% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Iglesia Cristiana Pentecostes Torre Fuerte Prov-18-10 sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 27th percentile within CA. Charities of a similar size with the same main cause include Mountain of Redemption Christian Center ($63k), Shin Kenko America Inc ($63k) and His Ambassadors to the Nations ($63k).

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 $30k against liabilities of $0, net assets of $30k.