Vino Nuevo Ministry

Analysis

Vino Nuevo Ministry is a registered charity in United States, based in Huntsville, AL. It received its IRS tax-exemption ruling in May 2005, 21 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, Vino Nuevo Ministry reported income of $176k and spending of $109k, leaving 38% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $95k to $176k (+85%), an average of +85% a year. The sharpest change came in the year to December 2023, when income rose by 85%. 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, Vino Nuevo Ministry sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 52nd percentile within AL. Charities of a similar size with the same main cause include Israeli Center New Jersey Inc ($176k), Christ Gospel Church ($176k) and Manuel Scott Jr Ministries Inc ($176k).

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 $104k against liabilities of $0, net assets of $104k.