Asambleas Cristo LA Unica Esperanza Inc

Analysis

Asambleas Cristo LA Unica Esperanza Inc is a registered charity in United States, based in Margate, FL. It received its IRS tax-exemption ruling in August 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 February 2024, Asambleas Cristo LA Unica Esperanza Inc reported income of $131k and spending of $115k, spending 88% of its income. Across the 5 years on record, from February 2020 to February 2024, income fell from $143k to $131k (-8.2%), an average of -2.1% a year. The sharpest change came in the year to February 2021, when income rose by 64%. Over the whole period it spent 89% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Asambleas Cristo LA Unica Esperanza Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 48th percentile within FL. Charities of a similar size with the same main cause include Perfect Word Ministries Inc ($131k), Strategic Ministries Inc ($131k) and Seashore Mission ($131k).

On its Form 990 for the period ending February 2024, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $27k. At year end it held assets of $744k against liabilities of $536k, net assets of $208k.