Ministerio Echando El Pan Sobre Las Aguas Inc

Analysis

Ministerio Echando El Pan Sobre Las Aguas Inc is a registered charity in United States, based in Belleview, FL. It received its IRS tax-exemption ruling in September 2021, 5 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 Echando El Pan Sobre Las Aguas Inc reported income of $64k and spending of $38k, leaving 40% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $80k to $64k (-21%), an average of -21% a year. The sharpest change came in the year to December 2023, when income dropped by 21%. Over the whole period it spent 52% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Ministerio Echando El Pan Sobre Las Aguas Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 28th percentile within FL. Charities of a similar size with the same main cause include Preach the Whole Bible Inc ($64k), Pentecostal Church Voznesenie ($64k) and Cheryl Lankford Ministries Inc ($64k).

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 $70k against liabilities of $0, net assets of $70k.