Iglesia Gracia Extrema

Analysis

Iglesia Gracia Extrema is a registered charity in United States, based in Wittmann, AZ. It received its IRS tax-exemption ruling in February 2017, 9 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Iglesia Gracia Extrema reported income of $55k and spending of $54k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $165k to $55k (-66%), an average of -66% a year. The sharpest change came in the year to December 2023, when income dropped by 66%. Over the whole period it spent 96% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Iglesia Gracia Extrema sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 19th percentile within AZ. Charities of a similar size with the same main cause include Ananda Meditation Society Inc ($55k), Glaze Ministries Inc ($55k) and Tonya Roberson Ministries ($55k).

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 $7,510 against liabilities of $0, net assets of $7,510.