Ministry Baptist Church of the Living Word Inc

Analysis

Ministry Baptist Church of the Living Word Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in July 2012, 14 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 2021, Ministry Baptist Church of the Living Word Inc reported income of $132k and spending of $41k, leaving 69% of income unspent that year. Across the 3 years on record, from December 2019 to December 2021, income grew from $97k to $132k (+37%), an average of +17% a year. The sharpest change came in the year to December 2021, when income rose by 123%. Over the whole period it spent 57% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Ministry Baptist Church of the Living Word Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 48th percentile within FL. Charities of a similar size with the same main cause include New Hope Peninsula Ministries ($132k), Missionaries of Prayer ($132k) and Reach All Nations International ($132k).

On its Form 990 for the period ending December 2021, revenue came from program service revenue 100% of the total. At year end it held assets of $103k against liabilities of $0, net assets of $103k. It reported 1 employees.