Iglesia Segunda Luz de Salvacion de Aic

Analysis

Iglesia Segunda Luz de Salvacion de Aic is a registered charity in United States, based in E Northport, NY. It received its IRS tax-exemption ruling in April 2020, 6 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 Segunda Luz de Salvacion de Aic reported income of $296k and spending of $130k, leaving 56% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $179k to $296k (+65%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 88%. Over the whole period it spent 66% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Iglesia Segunda Luz de Salvacion de Aic sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 58th percentile within NY. Charities of a similar size with the same main cause include The Ezra Project Inc ($296k), Sowing Seeds of Joy Inc ($296k) and Igreja Assembleia de Deus de Linden ($296k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $25k (19% of expenses). At year end it held assets of $974k against liabilities of $0, net assets of $974k.