Ministerio Palabra Y Poder Incorporated

Analysis

Ministerio Palabra Y Poder Incorporated is a registered charity in United States, based in Miramar, FL. It received its IRS tax-exemption ruling in February 2013, 13 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 Palabra Y Poder Incorporated reported income of $196k and spending of $229k, spending 117% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $189k to $196k (+3.8%), an average of +3.8% a year. Over the whole period it spent 75% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Ministerio Palabra Y Poder Incorporated 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 57th percentile within FL. Charities of a similar size with the same main cause include Everett Jewish Life Center Inchautauqua ($196k), Casa de Restauracion Puerta Del Cielo Inc ($196k) and Wellspring Church Ministries ($196k).

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 $304k against liabilities of $3,460, net assets of $301k.