Primera Iglesia Hispana de Prunedale Inc

Analysis

Primera Iglesia Hispana de Prunedale Inc is a registered charity in United States, based in Salinas, CA. It received its IRS tax-exemption ruling in January 2018, 8 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Primera Iglesia Hispana de Prunedale Inc reported income of $113k and spending of $114k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $296k to $113k (-62%), an average of -62% a year. The sharpest change came in the year to December 2023, when income dropped by 62%. Over the whole period it spent 90% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Primera Iglesia Hispana de Prunedale Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 42nd percentile within CA. Charities of a similar size with the same main cause include Finishing Touch Ministries ($113k), Higher Love Inc ($113k) and Engage the Nations ($113k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $86k against liabilities of $86k, net assets of $0.