Iglesia Cristiana Altar de Adoracion

Analysis

Iglesia Cristiana Altar de Adoracion is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in June 2022, 4 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 Cristiana Altar de Adoracion reported income of $94k and spending of $95k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $115k to $94k (-18%), an average of -18% a year. The sharpest change came in the year to December 2023, when income dropped by 18%. Over the whole period it spent 102% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Iglesia Cristiana Altar de Adoracion sits at the 41st percentile: it is larger than about 41% 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 Bless the Nations Ministries Inc ($94k), Power Ministries Worldwide Inc ($94k) and National Conference of Burmese- American Catholics ($94k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $12k against liabilities of $0, net assets of $12k.