Iglesia Kayros Nuevo Renacer

Analysis

Iglesia Kayros Nuevo Renacer is a registered charity in United States, based in Providence, RI. It received its IRS tax-exemption ruling in February 2021, 5 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 Kayros Nuevo Renacer reported income of $199k and spending of $166k, spending 83% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $161k to $199k (+24%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 81% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Iglesia Kayros Nuevo Renacer sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 50th percentile within RI. Charities of a similar size with the same main cause include Radio Cantico Nuevo Inc ($199k), Redeemed Christian Church of God Jesus Pavilion Baltimore ($199k) and Marketplace Missionary ($199k).

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 $1 against liabilities of $0, net assets of $1.