Iglesia Beraca

Analysis

Iglesia Beraca is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in June 2017, 9 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 2022, Iglesia Beraca reported income of $60k and spending of $59k, spending 99% of its income. Across the 4 years on record, from December 2019 to December 2022, income fell from $90k to $60k (-33%), an average of -13% a year. The sharpest change came in the year to December 2020, when income rose by 51%. Over the whole period it spent 70% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Iglesia Beraca sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 26th percentile within NV. Charities of a similar size with the same main cause include Cong Dong Cong Giao Viet Nam -Tong Giao Phan Los Angeles ($60k), Bernabe Latin-American Ministries Inc ($60k) and Transformation Prayer Foundation ($60k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $114k against liabilities of $0, net assets of $114k.