Mtelo Ministries

Analysis

Mtelo Ministries is a registered charity in United States, based in San Pedro, CA. It received its IRS tax-exemption ruling in September 2008, 18 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Mtelo Ministries reported income of $390k and spending of $339k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $279k to $390k (+40%), an average of +8.7% a year. The sharpest change came in the year to December 2022, when income rose by 137%. Over the whole period it spent 68% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mtelo Ministries sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 68th percentile within CA. Charities of a similar size with the same main cause include SBRM Support Corporation ($390k), Morning Star Education Center ($390k) and Almost Home Behavioral Health Ministries Corporation ($390k).

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 $795k against liabilities of $0, net assets of $795k.