Ministerio En Recobro Inc

Analysis

Ministerio En Recobro Inc is a registered charity in United States, based in Freeport, NY. It received its IRS tax-exemption ruling in August 2011, 15 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Ministerio En Recobro Inc reported income of $60k and spending of $59k, spending 98% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $35k to $60k (+74%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 49%. Over the whole period it spent 96% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Ministerio En Recobro Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 25th percentile within NY. Charities of a similar size with the same main cause include Strategic Cell Ministries Inc ($60k), Jesus Christ Prison Ministry ($60k) and Christian Development Center Inc ($60k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $18k against liabilities of $0, net assets of $18k.