Carlo Fabbrini Ministries

Analysis

Carlo Fabbrini Ministries is a registered charity in United States, based in Buckley, MI. It received its IRS tax-exemption ruling in April 2010, 16 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, Carlo Fabbrini Ministries reported income of $259k and spending of $232k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $187k to $259k (+39%), an average of +8.6% a year. The sharpest change came in the year to December 2022, when income rose by 30%. Over the whole period it spent 92% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Carlo Fabbrini Ministries sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within MI. Charities of a similar size with the same main cause include El-Iman ($259k), The Exchange ($259k) and A Hand Up Ministries ($259k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% of the total. Other salaries and wages came to $73k. At year end it held assets of $662k against liabilities of $441k, net assets of $222k. It reported 2 employees.