Iglesia de Cristo Buenos Samaritanos

Analysis

Iglesia de Cristo Buenos Samaritanos is a registered charity in United States, based in Compton, CA. It received its IRS tax-exemption ruling in May 2017, 9 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 de Cristo Buenos Samaritanos reported income of $102k and spending of $106k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $125k to $102k (-18%), an average of -4.9% a year. The sharpest change came in the year to December 2023, when income rose by 99%. Over the whole period it spent 108% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Iglesia de Cristo Buenos Samaritanos sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 40th percentile within CA. Charities of a similar size with the same main cause include International Christian Partners LLC ($102k), Partners in Ministry Inc ($102k) and Bayo Adeyokunnu Ministries International Inc ($102k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $553k against liabilities of $69k, net assets of $484k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.