Convergence East
Analysis
Convergence East is a registered charity in United States, based in Amityville, NY. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Convergence East reported income of $178k and spending of $185k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $173k to $178k (+2.9%), an average of +2.9% a year. Over the whole period it spent 108% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Convergence East sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 49th percentile within NY. Charities of a similar size with the same main cause include Iglesia Cristiana Santuario de Los Milagros ($178k), Lydias Place Inc ($178k) and Kingdom Empowerment International Ministries ($178k).
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 $110k against liabilities of $108k, net assets of $1,937.
Income and spending
Where the income comes from
- Contributions & grants 100%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Iglesia Cristiana Santuario de Los Milagros | Hayward | $178k |
| Lydias Place Inc | Pittsburgh | $178k |
| Kingdom Empowerment International Ministries | Philadelphia | $178k |
| Common Ground Ministries | Waxahachie | $178k |