Iglesias de Restauracion Filial Reseda

Analysis

Iglesias de Restauracion Filial Reseda is a registered charity in United States, based in Reseda, CA. It received its IRS tax-exemption ruling in May 2006, 20 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, Iglesias de Restauracion Filial Reseda reported income of $4.8m and spending of $4.9m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.0m to $4.8m (+18%), an average of +4.2% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 98% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Iglesias de Restauracion Filial Reseda sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within CA. Charities of a similar size with the same main cause include Womans Missionary Union Auxiliary to Southern Baptist Convention ($4.8m), Genesis Fund ($4.8m) and Tao Fellowship ($4.8m).

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 $208k (4.2% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $5.2m against liabilities of $188k, net assets of $5.1m. It reported 29 employees.