Latin American Christian Ministries Inc

Analysis

Latin American Christian Ministries Inc is a registered charity in United States, based in Holland, MI. It received its IRS tax-exemption ruling in October 2000, 26 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, Latin American Christian Ministries Inc reported income of $114k and spending of $98k, spending 86% of its income. Across the 3 years on record, from December 2019 to December 2023, income fell from $176k to $114k (-35%), an average of -20% a year. The sharpest change came in the year to December 2022, when income dropped by 49%. Over the whole period it spent 93% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Latin American Christian Ministries 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 40th percentile within MI. Charities of a similar size with the same main cause include Whole Hearts Inc ($114k), Mitch Marsh Ministries ($114k) and Sonlife Classic NFP ($114k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 1.2% of the total. At year end it held assets of $200k against liabilities of $0, net assets of $200k.