Iglesia Camino a LA Verdad

Analysis

Iglesia Camino a LA Verdad is a registered charity in United States, based in East Bernard, TX. It received its IRS tax-exemption ruling in February 2012, 14 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 Camino a LA Verdad reported income of $108k and spending of $70k, leaving 35% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $109k to $108k (-0.5%), an average of -0.5% a year. Over the whole period it spent 88% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Iglesia Camino a LA Verdad sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 42nd percentile within TX. Charities of a similar size with the same main cause include S O a R Ministries Inc ($108k), Worship United Inc ($108k) and Bible Believers Ministries Inc ($108k).

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 $133k against liabilities of $0, net assets of $133k.