Power and Wisdom of God Ministries Inc

Analysis

Power and Wisdom of God Ministries Inc is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in August 2014, 12 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 2022, Power and Wisdom of God Ministries Inc reported income of $83k and spending of $94k, spending 113% of what it took in. Across the 2 years on record, from December 2021 to December 2022, income grew from $75k to $83k (+10.0%), an average of +10% a year. 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, Power and Wisdom of God Ministries Inc sits at the 37th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 32nd percentile within NY. Charities of a similar size with the same main cause include Prayer Huddle Ministries Inc ($83k), Templo Evangelico Cedro Del Libano ($83k) and 247 Ministry ($83k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 99% and program service revenue 0.6% of the total. At year end it held assets of $15k against liabilities of $0, net assets of $15k.