Iglesia Pentecostes Antorcha Encendida 2 Inc

Analysis

Iglesia Pentecostes Antorcha Encendida 2 Inc is a registered charity in United States, based in West Palm BCH, FL. 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 Pentecostes Antorcha Encendida 2 Inc reported income of $105k and spending of $91k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $82k to $105k (+28%), an average of +28% a year. The sharpest change came in the year to December 2023, when income rose by 28%. Over the whole period it spent 85% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Iglesia Pentecostes Antorcha Encendida 2 Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 42nd percentile within FL. Charities of a similar size with the same main cause include Kyle Winkler Ministries Inc ($105k), Kirk Ministries Inc ($105k) and Matthew 28 Ministries Inc ($105k).

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 $111k against liabilities of $0, net assets of $111k.