Ministerio Profetico El Nuevo Retono Inc

Analysis

Ministerio Profetico El Nuevo Retono Inc is a registered charity in United States, based in Norwalk, CA. It received its IRS tax-exemption ruling in February 2012, 14 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, Ministerio Profetico El Nuevo Retono Inc reported income of $114k and spending of $100k, spending 88% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $132k to $114k (-14%), an average of -14% a year. Over the whole period it spent 84% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Ministerio Profetico El Nuevo Retono Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 42nd percentile within CA. Charities of a similar size with the same main cause include Iglesia Eben-Ezer Orlando Inc ($114k), Chantell Cooley Ministries ($114k) and Bikur Cholim of Washington Heights ($114k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $90k against liabilities of $0, net assets of $90k.