Comunidad de Fe Ministries Miami Inc

Analysis

Comunidad de Fe Ministries Miami Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in December 2016, 10 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, Comunidad de Fe Ministries Miami Inc reported income of $273k and spending of $287k, spending 105% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $214k to $273k (+27%), an average of +13% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 99% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Comunidad de Fe Ministries Miami Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 63rd percentile within FL. Charities of a similar size with the same main cause include Larger Story Inc ($273k), Stanislaus Christian Fellowship Chi Alpha ($273k) and Go Overflow Ministries ($273k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $85k. At year end it held assets of $6,882 against liabilities of $0, net assets of $6,882. It reported 3 employees.