Iglesia Cristo Nuestro Rey Inc
Analysis
Iglesia Cristo Nuestro Rey Inc is a registered charity in United States, based in Bluffton, SC. It received its IRS tax-exemption ruling in March 2009, 17 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 Cristo Nuestro Rey Inc reported income of $267k and spending of $233k, spending 87% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $118k to $267k (+126%), an average of +31% a year. The sharpest change came in the year to December 2023, when income rose by 73%. Over the whole period it spent 106% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Iglesia Cristo Nuestro Rey Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 64th percentile within SC. Charities of a similar size with the same main cause include Goshen Ministries International ($267k), Legacy Church Inc ($267k) and Carey International Pastoral Training USA ($266k).
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 $92k (40% of expenses). At year end it held assets of $262k against liabilities of $9,223, net assets of $253k. It reported 2 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Goshen Ministries International | Tucson | $267k |
| Legacy Church Inc | South River | $267k |
| Carey International Pastoral Training USA | Woodstock | $266k |
| Midwest Evangelistic Association | Watertown | $267k |