Ministerios Cristianos Fuente de Vida

Analysis

Ministerios Cristianos Fuente de Vida is a registered charity in United States, based in Inglewood, CA. It received its IRS tax-exemption ruling in August 2013, 13 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, Ministerios Cristianos Fuente de Vida reported income of $242k and spending of $148k, leaving 39% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $320k to $242k (-24%), an average of -6.7% a year. The sharpest change came in the year to December 2020, when income dropped by 46%. Over the whole period it spent 62% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Ministerios Cristianos Fuente de Vida sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 60th percentile within CA. Charities of a similar size with the same main cause include Jewish Soldiers Tfilin Fund Inc ($242k), Communities in Schools of Lincoln County Inc ($242k) and Seek Ministries Inc ($242k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% of the total. Compensation of current officers, directors and key employees was $18k (12% of expenses). At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.