Renovacion Carismatica Catolica Hispana de Chicago

Analysis

Renovacion Carismatica Catolica Hispana de Chicago is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in April 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Renovacion Carismatica Catolica Hispana de Chicago reported income of $271k and spending of $288k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $214k to $271k (+27%), an average of +27% a year. The sharpest change came in the year to December 2023, when income rose by 27%. Over the whole period it spent 111% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Renovacion Carismatica Catolica Hispana de Chicago 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 60th percentile, and in the 60th percentile within IL. Charities of a similar size with the same main cause include Pipeline to God Communications Inc ($271k), Global Sharing ($271k) and Golden Lampstand Association US Inc ($271k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $73k. At year end it held assets of $378k against liabilities of $1,090, net assets of $377k.