Norman Quintero Ministries Inc

Analysis

Norman Quintero Ministries Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in February 1964, 62 years ago. 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, Norman Quintero Ministries Inc reported income of $737k and spending of $440k, leaving 40% of income unspent that year. Across the 5 years on record, from December 2018 to December 2022, income grew from $474k to $737k (+56%), an average of +12% a year. The sharpest change came in the year to December 2019, when income rose by 56%. Over the whole period it spent 70% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Norman Quintero Ministries Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 80th percentile within TX. Charities of a similar size with the same main cause include Lee County Council of Aging Inc ($737k), Michigan Association for Infant Mental Health ($737k) and Holy Cross Village Inc ($737k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 91% of the total. Compensation of current officers, directors and key employees was $37k (8.5% of expenses). Other salaries and wages came to $10k. At year end it held assets of $2.6m against liabilities of $0, net assets of $2.6m.