Casa de Avivamiento Corp

Analysis

Casa de Avivamiento Corp is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in August 2018, 8 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 2018, Casa de Avivamiento Corp reported income of $313k and spending of $294k, spending 94% of its income. Across the 2 years on record, from December 2017 to December 2018, income grew from $178k to $313k (+75%), an average of +76% a year. The sharpest change came in the year to December 2018, when income rose by 75%. Over the whole period it spent 92% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Casa de Avivamiento Corp sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 61st percentile within NC. Charities of a similar size with the same main cause include Friends of the Phoenix Center Foundation Inc ($312k), Izman Torah Solutions ($313k) and Worldwide Ministry of Jesus ($312k).

On its Form 990 for the period ending December 2018, revenue came from contributions and grants 95% and program service revenue 5.2% of the total. Compensation of current officers, directors and key employees was $38k (13% of expenses). Other salaries and wages came to $9,352. At year end it held assets of $120k against liabilities of $95k, net assets of $25k.