Iglesia Somos Filadelfia

Analysis

Iglesia Somos Filadelfia is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in April 2013, 13 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 Somos Filadelfia reported income of $191k and spending of $182k, spending 95% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $204k to $191k (-6.0%), an average of -2.0% a year. Over the whole period it spent 93% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Iglesia Somos Filadelfia sits at the 64th 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 TX. Charities of a similar size with the same main cause include Stand Out Ministries ($191k), Southwest District Mission Program Inc ($191k) and Camp Watcha Wanna Do Ltd ($191k).

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 $86k against liabilities of $33k, net assets of $53k.