Iglesia Fuente de Agua Viva Ministries Elim

Analysis

Iglesia Fuente de Agua Viva Ministries Elim is a registered charity in United States, based in Oak Park, IL. It received its IRS tax-exemption ruling in July 2023, 3 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 Fuente de Agua Viva Ministries Elim reported income of $157k and spending of $85k, leaving 46% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $135k to $157k (+16%), an average of +7.8% a year. The sharpest change came in the year to December 2023, when income rose by 51%. Over the whole period it spent 48% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Iglesia Fuente de Agua Viva Ministries Elim sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 49th percentile within IL. Charities of a similar size with the same main cause include Mesorah Baltimore Inc ($157k), Washington Prayer Coalition ($157k) and Concordia Mission Society Inc ($157k).

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 $588k against liabilities of $382k, net assets of $206k.