Ministerios Palabra de Restauracion

Analysis

Ministerios Palabra de Restauracion is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in April 2019, 7 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, Ministerios Palabra de Restauracion reported income of $202k and spending of $212k, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $250k to $202k (-19%), an average of -5.2% a year. The sharpest change came in the year to December 2022, when income rose by 29%. Over the whole period it spent 94% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Ministerios Palabra de Restauracion sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 54th percentile within VA. Charities of a similar size with the same main cause include Ocala Farm Ministry Inc ($202k), Gabrieleno-Tongva Tribal Council ($202k) and West Michigan Hindu Temple ($202k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $31k (15% of expenses). At year end it held assets of $0 against liabilities of $0, net assets of $0. It reported 1 employees.