Italian Ministries USA

Analysis

Italian Ministries USA is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in October 2011, 15 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, Italian Ministries USA reported income of $731k and spending of $696k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $736k to $731k (-0.7%), an average of -0.2% a year. The sharpest change came in the year to December 2021, when income dropped by 30%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Italian Ministries USA sits at the 71st percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within OH. Charities of a similar size with the same main cause include Old Pine Community Center ($731k), Cradle of Hope Adoption Center Inc ($731k) and Glean Kentucky Inc ($731k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $300k. At year end it held assets of $116k against liabilities of $0, net assets of $116k.