Cutler Bay Worship Center Inc
Analysis
Cutler Bay Worship Center Inc is a registered charity in United States, based in Cutler Bay, FL. 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 2023, Cutler Bay Worship Center Inc reported income of $212k and spending of $229k, spending 108% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $159k to $212k (+33%), an average of +33% a year. The sharpest change came in the year to December 2023, when income rose by 33%. Over the whole period it spent 113% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Cutler Bay Worship Center Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 59th percentile within FL. Charities of a similar size with the same main cause include Iglesia Catolica Siro Ortodoxa de Antioquia LA Nueva Creacion ($212k), Cyber Civil Rights Initiative ($212k) and Resources and Aid Mobilization Foundation ($212k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% of the total. Other salaries and wages came to $50k. At year end it held assets of $149k against liabilities of $0, net assets of $149k. It reported 2 employees.
Income and spending
Where the income comes from
- Contributions & grants 33%
- Other 67%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Iglesia Catolica Siro Ortodoxa de Antioquia LA Nueva Creacion | Urbana | $212k |
| Cyber Civil Rights Initiative | Coral Gables | $212k |
| Resources and Aid Mobilization Foundation | New York | $212k |
| Sakyamuni Buddhist Sangha of the US Dharma Meditation Temple | Valley Center | $212k |