Iglesia Piedra Angular Simi Valley

Analysis

Iglesia Piedra Angular Simi Valley is a registered charity in United States, based in Simi Valley, CA. 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, Iglesia Piedra Angular Simi Valley reported income of $82k and spending of $142k, spending 172% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $100k to $82k (-18%), an average of -4.8% a year. The sharpest change came in the year to December 2021, when income rose by 58%. Over the whole period it spent 88% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Iglesia Piedra Angular Simi Valley sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 34th percentile within CA. Charities of a similar size with the same main cause include Jubilee New Haven Inc ($82k), Grandly Missions Inc ($82k) and To the Ends of the Earth Inc ($82k).

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 $236k against liabilities of $0, net assets of $236k.