Spanish Health Ministry Inc

Analysis

Spanish Health Ministry Inc is a registered charity in United States, based in Kennett SQ, PA. It received its IRS tax-exemption ruling in July 2008, 18 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 July 2023, Spanish Health Ministry Inc reported income of $180k and spending of $193k, spending 108% of what it took in. Across the 4 years on record, from July 2020 to July 2023, income fell from $186k to $180k (-3.5%), an average of -1.2% a year. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Spanish Health Ministry Inc sits at the 39th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 49th percentile within PA. Charities of a similar size with the same main cause include Society for Technology in Anesthesia N-P Public Benefit Corp ($180k), Ronald McDonald House Trust Fund ($180k) and The Lewin Fund to Fight Womens Cancers Inc ($180k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $74k (38% of expenses). Other salaries and wages came to $28k. At year end it held assets of $643k against liabilities of $2,478, net assets of $641k. It reported 4 employees.