Tesoro Ministry Foundation Inc

Analysis

Tesoro Ministry Foundation Inc is a registered charity in United States, based in Malibu, CA. It received its IRS tax-exemption ruling in April 2001, 25 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, Tesoro Ministry Foundation Inc reported income of $146k and spending of $147k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $144k to $146k (+1.7%), an average of +1.7% a year. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Tesoro Ministry Foundation Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 49th percentile within CA. Charities of a similar size with the same main cause include Sacred Heart Enthronement Network ($146k), His Whole House Inc ($146k) and Bridge Ministry of the Csra Inc ($146k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $306k against liabilities of $8,787, net assets of $297k.