Ministerio Gloria de Sion Inc

Analysis

Ministerio Gloria de Sion Inc is a registered charity in United States, based in South Gate, CA. It received its IRS tax-exemption ruling in May 2004, 22 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 Gloria de Sion Inc reported income of $222k and spending of $183k, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $115k to $222k (+93%), an average of +18% a year. The sharpest change came in the year to December 2020, when income rose by 51%. Over the whole period it spent 79% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Ministerio Gloria de Sion Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 58th percentile within CA. Charities of a similar size with the same main cause include Ministerio Intl Adonai ($222k), Mother of Incarnate Wisdom House of Prayer Inc ($222k) and Tend ($222k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $36k. At year end it held assets of $39k against liabilities of $0, net assets of $39k.