Iglesia Evangelica Puerta de Las Aguas

Analysis

Iglesia Evangelica Puerta de Las Aguas is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in November 2007, 19 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 Evangelica Puerta de Las Aguas reported income of $93k and spending of $88k, spending 95% of its income. Across the 2 years on record, from December 2019 to December 2023, income fell from $132k to $93k (-30%), an average of -30% a year. The sharpest change came in the year to December 2023, when income dropped by 30%. Over the whole period it spent 87% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Iglesia Evangelica Puerta de Las Aguas sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 37th percentile within CA. Charities of a similar size with the same main cause include Cave Incorporated ($93k), Breakaway Ministries Inc ($93k) and Sow Good Seeds Foundation ($93k).

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 $965k against liabilities of $0, net assets of $965k.