Abundant Life Ministries for Peru Inc

Analysis

Abundant Life Ministries for Peru Inc is a registered charity in United States, based in Venice, FL. It received its IRS tax-exemption ruling in May 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, Abundant Life Ministries for Peru Inc reported income of $71k and spending of $59k, spending 84% of its income. Across the 3 years on record, from December 2019 to December 2023, income fell from $115k to $71k (-39%), an average of -22% a year. The sharpest change came in the year to December 2022, when income dropped by 44%. 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, Abundant Life Ministries for Peru Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 31st percentile within FL. Charities of a similar size with the same main cause include Blessings 4 Brasil ($71k), Black Belts for Christ Ministries Inc ($71k) and Muna Center of Jackson Heights Inc ($71k).

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 $19k against liabilities of $0, net assets of $19k.