Iglesia de Cristo Elim Central Los Angeles
Analysis
Iglesia de Cristo Elim Central Los Angeles is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in April 2010, 16 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 de Cristo Elim Central Los Angeles reported income of $1.9m and spending of $1.6m, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.0m to $1.9m (-4.9%), an average of -1.2% a year. The sharpest change came in the year to December 2020, when income dropped by 29%. Over the whole period it spent 92% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Iglesia de Cristo Elim Central Los Angeles sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include Young Catholic Professionals ($1.9m), Herzl Camp Foundation ($1.9m) and Beezrat Hashem Inc ($1.9m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $137k (8.4% of expenses). At year end it held assets of $6.7m against liabilities of $3.0m, net assets of $3.7m. It reported 7 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
- Other 0.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Young Catholic Professionals | Irving | $1.9m |
| Herzl Camp Foundation | Golden Valley | $1.9m |
| Beezrat Hashem Inc | Hollywood | $1.9m |
| Shedrub Development Fund Inc | Northampton | $1.9m |