Mike Guzzardo Ministries

Analysis

Mike Guzzardo Ministries is a registered charity in United States, based in Trophy Club, TX. It received its IRS tax-exemption ruling in November 2006, 20 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, Mike Guzzardo Ministries reported income of $405k and spending of $290k, leaving 28% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $213k to $405k (+90%), an average of +38% a year. The sharpest change came in the year to December 2022, when income rose by 51%. Over the whole period it spent 89% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Mike Guzzardo Ministries sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 71st percentile within TX. Charities of a similar size with the same main cause include The Starting Point Project Inc ($405k), Zichron Amiel Inc ($405k) and Adbras Atlanta Inc ($405k).

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 $289k (100% of expenses). At year end it held assets of $288k against liabilities of $0, net assets of $288k.