Cooperacion Misionera Iberoamericana Inc

Analysis

Cooperacion Misionera Iberoamericana Inc is a registered charity in United States, based in San Juan, PR. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Cooperacion Misionera Iberoamericana Inc reported income of $111k and spending of $116k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $52k to $111k (+113%), an average of +113% a year. The sharpest change came in the year to December 2023, when income rose by 113%. Over the whole period it spent 96% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Cooperacion Misionera Iberoamericana Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 28th percentile within PR. Charities of a similar size with the same main cause include Mountain Calling Ministry ($111k), Greater Fort Wayne Campus Ministry Inc ($111k) and Corinth Reformed Church Charitable Foundation ($111k).

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 $51k against liabilities of $28k, net assets of $23k.