Ministerio Los Milagros de Jesus Inc

Analysis

Ministerio Los Milagros de Jesus Inc is a registered charity in United States, based in Lawrence, MA. It received its IRS tax-exemption ruling in January 2021, 5 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Ministerio Los Milagros de Jesus Inc reported income of $205k and spending of $182k, spending 89% of its income. Across the 6 years on record, from December 2017 to December 2023, income grew from $140k to $205k (+47%), an average of +8.0% a year. The sharpest change came in the year to December 2022, when income rose by 52%. Over the whole period it spent 98% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Ministerio Los Milagros de Jesus Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 58th percentile within MA. Charities of a similar size with the same main cause include Williamsport Federation of Jewish Charities ($205k), Samuel R Chand Ministries Inc ($205k) and Seek Well Ministries Inc ($205k).

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 $95k (52% of expenses). At year end it held assets of $230k against liabilities of $94k, net assets of $136k. It reported 3 employees.