Ministerios Impacto de Restauracion

Analysis

Ministerios Impacto de Restauracion is a registered charity in United States, based in Durham, NC. It received its IRS tax-exemption ruling in April 2018, 8 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 Impacto de Restauracion reported income of $101k and spending of $57k, leaving 43% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $97k to $101k (+5.0%), an average of +1.6% a year. The sharpest change came in the year to December 2022, when income rose by 38%. Over the whole period it spent 112% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Ministerios Impacto de Restauracion sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 35th percentile within NC. Charities of a similar size with the same main cause include Purposeful Life Inc ($101k), South East Texas Tres Dias ($101k) and St John of the Cross Academy ($101k).

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 $49k against liabilities of $0, net assets of $49k.