Ministerio Buen Samaritano Marc Marcos a Rivera Cordova Inc

Analysis

Ministerio Buen Samaritano Marc Marcos a Rivera Cordova Inc is a registered charity in United States, based in Manati, PR. It received its IRS tax-exemption ruling in July 2017, 9 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 2023, Ministerio Buen Samaritano Marc Marcos a Rivera Cordova Inc reported income of $2.0m and spending of $1.5m, leaving 26% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $1.5m to $2.0m (+33%), an average of +33% a year. The sharpest change came in the year to December 2023, when income rose by 33%. Over the whole period it spent 81% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Ministerio Buen Samaritano Marc Marcos a Rivera Cordova Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 80th percentile within PR. Charities of a similar size with the same main cause include Queen City PRC Inc ($2.0m), Empowering Lives International ($2.0m) and Mifal Mayunes Inc ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $45k (3.0% of expenses). At year end it held assets of $1.6m against liabilities of $16k, net assets of $1.6m. It reported 80 employees.