Iglesia Elim Plainfield NJ Nonprofit Inc

Analysis

Iglesia Elim Plainfield NJ Nonprofit Inc is a registered charity in United States, based in Plainfield, NJ. 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 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, Iglesia Elim Plainfield NJ Nonprofit Inc reported income of $281k and spending of $131k, leaving 53% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $211k to $281k (+33%), an average of +7.4% a year. The sharpest change came in the year to December 2021, when income rose by 55%. Over the whole period it spent 52% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Iglesia Elim Plainfield NJ Nonprofit Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 67th percentile within NJ. Charities of a similar size with the same main cause include Miracle Minded Ministries 3 ($281k), Excelling Leaders ($281k) and Christian Radio International Inc ($281k).

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 $31k (24% of expenses). At year end it held assets of $576k against liabilities of $894, net assets of $575k.