Horeb Monte de Dios Corp

Analysis

Horeb Monte de Dios Corp is a registered charity in United States, based in Mount Dora, FL. It received its IRS tax-exemption ruling in February 2023, 3 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, Horeb Monte de Dios Corp reported income of $81k and spending of $79k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $99k to $81k (-18%), an average of -18% a year. The sharpest change came in the year to December 2023, when income dropped by 18%. Over the whole period it spent 97% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Horeb Monte de Dios Corp sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 35th percentile within FL. Charities of a similar size with the same main cause include Alpha Lions Den Ministries Inc ($81k), Emmett Christian Education Release Time Inc ($81k) and Calvary Chapel of Pendleton ($81k).

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 $7,514 against liabilities of $0, net assets of $7,514.