Paulette Polo Ministries Inc

Analysis

Paulette Polo Ministries Inc is a registered charity in United States, based in Iselin, NJ. It received its IRS tax-exemption ruling in June 1992, 34 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, Paulette Polo Ministries Inc reported income of $195k and spending of $146k, leaving 25% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $126k to $195k (+55%), an average of +9.2% a year. The sharpest change came in the year to December 2019, when income rose by 45%. Over the whole period it spent 72% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Paulette Polo Ministries Inc 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 Maha Mandala ($195k), Crossroads for Her Ministry Inc ($195k) and Torch of Christ Ministries ($195k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% of the total. Compensation of current officers, directors and key employees was $7,700 (5.3% of expenses). Other salaries and wages came to $15k. At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m. It reported 3 employees.