Iglesia Cristiana Vida Nueva

Analysis

Iglesia Cristiana Vida Nueva is a registered charity in United States, based in New Caney, TX. It received its IRS tax-exemption ruling in August 2014, 12 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 Vida Nueva reported income of $108k and spending of $74k, leaving 31% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $58k to $108k (+85%), an average of +17% a year. The sharpest change came in the year to December 2021, when income rose by 33%. 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 Cristiana Vida Nueva sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 42nd percentile within TX. Charities of a similar size with the same main cause include Mission Revival Ministries ($108k), St Vincent de Paul Society Thrift Store Inc ($108k) and Mission Yeshua ($108k).

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 $215k against liabilities of $114k, net assets of $101k.