Paul J Sumanth Ministries Inc

Analysis

Paul J Sumanth Ministries Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in June 2002, 24 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, Paul J Sumanth Ministries Inc reported income of $75k and spending of $108k, spending 144% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $69k to $75k (+8.9%), an average of +8.9% a year. Over the whole period it spent 126% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Paul J Sumanth Ministries Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 33rd percentile within FL. Charities of a similar size with the same main cause include Be the Church Ltd ($75k), Benjamin J Buikema Ta2 15990-005 ($75k) and Well of Life Church Cathedral Inc ($75k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $134k against liabilities of $22k, net assets of $112k.