Ciudad Hermosa Ministries Inc

Analysis

Ciudad Hermosa Ministries Inc is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in February 2015, 11 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, Ciudad Hermosa Ministries Inc reported income of $195k and spending of $80k, leaving 59% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $134k to $195k (+45%), an average of +45% a year. The sharpest change came in the year to December 2023, when income rose by 45%. Over the whole period it spent 38% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Ciudad Hermosa Ministries Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 54th percentile within TN. Charities of a similar size with the same main cause include Banks County Christian Learning Center ($195k), El Elyon Kingdom Tabernacle Inc ($195k) and Live 2 Serve ($195k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% of the total. At year end it held assets of $3.5m against liabilities of $3.3m, net assets of $204k.