Mision Fuente de Salvacion Palmdale
Analysis
Mision Fuente de Salvacion Palmdale is a registered charity in United States, based in Palmdale, CA. It received its IRS tax-exemption ruling in June 2021, 5 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, Mision Fuente de Salvacion Palmdale reported income of $72k and spending of $55k, leaving 24% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $61k to $72k (+19%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 81% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Mision Fuente de Salvacion Palmdale sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 30th percentile within CA. Charities of a similar size with the same main cause include Thien Tinh Buddhist Meditation ($72k), Life on Life ($72k) and Pho Minh Buddhist Temple ($72k).
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 $0 against liabilities of $0, net assets of $0.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Thien Tinh Buddhist Meditation | San Leandro | $72k |
| Life on Life | Columbia | $72k |
| Pho Minh Buddhist Temple | Fort Smith | $72k |
| Gospel Reach Foundation | Ofallon | $72k |