Iglesia Cristiana Damasco

Analysis

Iglesia Cristiana Damasco is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in March 2020, 6 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 Cristiana Damasco reported income of $76k and spending of $74k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $92k to $76k (-17%), an average of -17% a year. The sharpest change came in the year to December 2023, when income dropped by 17%. Over the whole period it spent 89% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Iglesia Cristiana Damasco sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 32nd percentile within CA. Charities of a similar size with the same main cause include Nursing Home Ministry ($76k), Throwing Seeds Inc ($76k) and City Movement ($76k).

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 $30k against liabilities of $0, net assets of $30k.