Latin American Christian Covenant Fellowship Inc

Analysis

Latin American Christian Covenant Fellowship Inc is a registered charity in United States, based in El Paso, TX. It received its IRS tax-exemption ruling in February 2022, 4 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Latin American Christian Covenant Fellowship Inc reported income of $305k and spending of $289k, spending 95% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $209k to $305k (+46%), an average of +21% a year. The sharpest change came in the year to December 2022, when income rose by 33%. Over the whole period it spent 98% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Latin American Christian Covenant Fellowship Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 66th percentile within TX. Charities of a similar size with the same main cause include Catholic Charities of the Archdiocese of Indianapolis Inc ($305k), Womens Rabbinic Network Ltd ($305k) and Its a New Day Inc ($304k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $40k (14% of expenses). Other salaries and wages came to $10k. At year end it held assets of $22k against liabilities of $0, net assets of $22k.