Ray Ciervo Ministries Inc

Analysis

Ray Ciervo Ministries Inc is a registered charity in United States, based in Indiantown, FL. It received its IRS tax-exemption ruling in June 2008, 18 years ago. 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, Ray Ciervo Ministries Inc reported income of $129k and spending of $146k, spending 113% of what it took in. Across the 3 years on record, from December 2020 to December 2023, income grew from $101k to $129k (+28%), an average of +13% a year. The sharpest change came in the year to December 2022, when income rose by 54%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ray Ciervo Ministries Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 47th percentile within FL. Charities of a similar size with the same main cause include Parent Booster USA Inc ($129k), Bausman Street Independent Living Inc ($129k) and Little League Baseball Inc ($129k).

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 $24k against liabilities of $8,153, net assets of $16k.