Iglesia Cristiana Renuevo

Analysis

Iglesia Cristiana Renuevo is a registered charity in United States, based in Kissimmee, FL. It received its IRS tax-exemption ruling in August 2011, 15 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 Cristiana Renuevo reported income of $519k and spending of $466k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $452k to $519k (+15%), an average of +3.5% a year. The sharpest change came in the year to December 2021, when income rose by 385%. Over the whole period it spent 55% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Iglesia Cristiana Renuevo sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 73rd percentile within FL. Charities of a similar size with the same main cause include Yad Aharon Inc ($519k), Christian Adventures International Inc ($519k) and Eca Legacy Fund ($519k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $72k (15% of expenses). Other salaries and wages came to $69k. At year end it held assets of $4.3m against liabilities of $716k, net assets of $3.6m. It reported 6 employees.