Centro Evangelistico Latinoamericano Inc

Analysis

Centro Evangelistico Latinoamericano Inc is a registered charity in United States, based in Hialeah, FL. It received its IRS tax-exemption ruling in June 2002, 24 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, Centro Evangelistico Latinoamericano Inc reported income of $197k and spending of $190k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $566k to $197k (-65%), an average of -23% a year. The sharpest change came in the year to December 2021, when income rose by 55%. Over the whole period it spent 85% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Centro Evangelistico Latinoamericano Inc sits at the 65th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 57th percentile within FL. Charities of a similar size with the same main cause include Living Stones Ministries ($197k), Grace Adventures Inc ($197k) and Phuoc Hai Buddhist Temple ($197k).

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 $305k against liabilities of $0, net assets of $305k.