Iglesia Morada de Jacob

Analysis

Iglesia Morada de Jacob is a registered charity in United States, based in Van Nuys, CA. 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, Iglesia Morada de Jacob reported income of $68k and spending of $46k, leaving 33% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $52k to $68k (+32%), an average of +32% a year. The sharpest change came in the year to December 2023, when income rose by 32%. Over the whole period it spent 82% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Iglesia Morada de Jacob sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 29th percentile within CA. Charities of a similar size with the same main cause include Project 58 Inc ($68k), Hal Linhardt Evangelisticassociation ($68k) and Christian Healing Center Inc ($68k).

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 $22k against liabilities of $0, net assets of $22k.