Iglesia de Los Angeles Inc

Analysis

Iglesia de Los Angeles Inc is a registered charity in United States, based in Long Beach, CA. It received its IRS tax-exemption ruling in March 2019, 7 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 2021, Iglesia de Los Angeles Inc reported income of $131k and spending of $130k, spending 99% of its income. Across the 4 years on record, from December 2018 to December 2021, income grew from $29k to $131k (+357%), an average of +66% a year. The sharpest change came in the year to December 2020, when income rose by 99%. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Iglesia de Los Angeles Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 46th percentile within CA. Charities of a similar size with the same main cause include Kingdom Building Services Inc ($131k), Milpitas Musallah Inc ($131k) and Cross Resources Inc ($131k).

Compensation of current officers, directors and key employees was $72k (55% of expenses). At year end it held assets of $0 against liabilities of $0, net assets of $0.