Iglesia Evangelica Fuente de Vida Inc

Analysis

Iglesia Evangelica Fuente de Vida Inc is a registered charity in United States, based in Lynn, MA. It received its IRS tax-exemption ruling in July 2014, 12 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 Evangelica Fuente de Vida Inc reported income of $75k and spending of $89k, spending 119% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $76k to $75k (-2.1%), an average of -2.1% a year. Over the whole period it spent 105% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Iglesia Evangelica Fuente de Vida Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 37th percentile within MA. Charities of a similar size with the same main cause include Templo Agua Viva Inc ($75k), Wales Goebel Ministry ($75k) and Lighthouse Ministries ($75k).

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 $1 against liabilities of $14k, net assets of -$14k.