Latin American Ministry

Analysis

Latin American Ministry is a registered charity in United States, based in Paris, TN. It received its IRS tax-exemption ruling in June 2003, 23 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, Latin American Ministry reported income of $208k and spending of $221k, spending 106% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $273k to $208k (-24%), an average of -13% a year. The sharpest change came in the year to December 2022, when income dropped by 24%. Over the whole period it spent 90% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Latin American Ministry sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 55th percentile within TN. Charities of a similar size with the same main cause include Berean Prison Ministry Inc ($208k), African Transformational Leadership Inc ($208k) and Maroun Family Foundation Cash ($208k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $85k (38% of expenses). At year end it held assets of $108k against liabilities of $21k, net assets of $87k. It reported 1 employees.