Iglesia Restauracion Canaan Corporation

Analysis

Iglesia Restauracion Canaan Corporation is a registered charity in United States, based in Sioux City, IA. It received its IRS tax-exemption ruling in August 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 Restauracion Canaan Corporation reported income of $131k and spending of $127k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $120k to $131k (+9.5%), an average of +9.5% a year. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Iglesia Restauracion Canaan Corporation sits at the 53rd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 43rd percentile within IA. Charities of a similar size with the same main cause include In Christs Hands Inc ($131k), Nejat Foundation ($131k) and North America Full Gospel Mission Foundation ($131k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $1 against liabilities of $0, net assets of $1.