Ministerios El Shaddai Corp

Analysis

Ministerios El Shaddai Corp is a registered charity in United States, based in Bayonne, NJ. It received its IRS tax-exemption ruling in February 2023, 3 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 2022, Ministerios El Shaddai Corp reported income of $194k and spending of $153k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2021 to December 2022, income fell from $218k to $194k (-11%), an average of -11% a year. Over the whole period it spent 62% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Ministerios El Shaddai Corp sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 60th percentile within NJ. Charities of a similar size with the same main cause include Rabbinical Study - Ohel Shlomo Inc ($194k), Spiritual Innovations Inc ($194k) and Watlao Thammajadi Buddhist Temple ($194k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $431k against liabilities of $25k, net assets of $407k.