Iglesia Pentecostal Hebreos 11

Analysis

Iglesia Pentecostal Hebreos 11 is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in April 2007, 19 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 Pentecostal Hebreos 11 reported income of $63k and spending of $54k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $54k to $63k (+17%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 17%. Over the whole period it spent 103% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Iglesia Pentecostal Hebreos 11 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 26th percentile within NY. Charities of a similar size with the same main cause include Ocean City Ecumenical Council Inc ($63k), Family Discipleship Ministries ($63k) and Mt Olive Bethel Harmony District Religious & Education Ministry Inc ($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 $232k against liabilities of $2,522, net assets of $229k.