Mikael

Analysis

Mikael is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in April 2022, 4 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, Mikael reported income of $233k and spending of $21k, leaving 91% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $751k to $233k (-69%), an average of -44% a year. The sharpest change came in the year to December 2022, when income dropped by 45%. Over the whole period it spent 2.4% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Mikael sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 59th percentile within CA. Charities of a similar size with the same main cause include Kingdom Celebration Center ($233k), Greater Zionfield Full Gospel Baptist Church ($233k) and Houston Zen Community ($233k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% of the total. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m.