Iglesia Nueva Esperanza Viva Inc

Analysis

Iglesia Nueva Esperanza Viva Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in January 2003, 23 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 Nueva Esperanza Viva Inc reported income of $513k and spending of $375k, leaving 27% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $288k to $513k (+78%), an average of +21% a year. The sharpest change came in the year to December 2022, when income rose by 52%. Over the whole period it spent 95% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Iglesia Nueva Esperanza Viva Inc 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 75th percentile within TX. Charities of a similar size with the same main cause include El Paso Texas Ignite Movement ($513k), Solus Church Inc ($513k) and Balaji Matha ($512k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $52k (14% of expenses). Other salaries and wages came to $47k. At year end it held assets of $1.6m against liabilities of $552k, net assets of $1.0m. It reported 1 employees.