Iglesia Cristiana Gracia Sublime

Analysis

Iglesia Cristiana Gracia Sublime is a registered charity in United States, based in Corona, CA. It received its IRS tax-exemption ruling in February 2021, 5 years ago. 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 Cristiana Gracia Sublime reported income of $72k and spending of $80k, spending 112% of what it took in. Across the 3 years on record, from December 2020 to December 2023, income grew from $33k to $72k (+120%), an average of +48% a year. The sharpest change came in the year to December 2023, when income rose by 77%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Iglesia Cristiana Gracia Sublime sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 30th percentile within CA. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($72k), Monaca Public Library ($72k) and PTA Delaware Congress ($72k).

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