Igl Pentecostal Mision Cristiana Ebenezer

Analysis

Igl Pentecostal Mision Cristiana Ebenezer is a registered charity in United States, based in Copiague, NY. It received its IRS tax-exemption ruling in August 1964, 62 years ago. 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, Igl Pentecostal Mision Cristiana Ebenezer reported income of $1.2m and spending of $249k, leaving 80% of income unspent that year. Across the 5 years on record, from December 2018 to December 2023, income grew from $203k to $1.2m (+513%), an average of +57% a year. The sharpest change came in the year to December 2023, when income rose by 475%. Over the whole period it spent 51% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Igl Pentecostal Mision Cristiana Ebenezer sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 78th percentile within NY. Charities of a similar size with the same main cause include Alliance of Information and Referral Systems Inc ($1.2m), Spiricare of New Jersey Inc ($1.2m) and Habitat for Humanity International Inc ($1.2m).

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 $18k (7.3% of expenses). Other salaries and wages came to $57k. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.