Asado Ministries Inc

Analysis

Asado Ministries Inc is a registered charity in United States, based in Eatonton, GA. 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, Asado Ministries Inc reported income of $142k and spending of $98k, leaving 31% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $96k to $142k (+48%), an average of +48% a year. The sharpest change came in the year to December 2023, when income rose by 48%. Over the whole period it spent 82% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Asado Ministries Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 49th percentile within GA. Charities of a similar size with the same main cause include Iglesia Mision Cristiana Elim Los Angeles Inc ($142k), Liberty and Freedom Inc ($142k) and Sons of Issachar Ministries Inc ($142k).

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 $94k against liabilities of $50k, net assets of $44k.