Michele Telfer Ministries Inc

Analysis

Michele Telfer Ministries Inc is a registered charity in United States, based in Newbury Park, CA. It received its IRS tax-exemption ruling in July 2016, 10 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, Michele Telfer Ministries Inc reported income of $134k and spending of $116k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $112k to $134k (+20%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 91% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Michele Telfer Ministries Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 47th percentile within CA. Charities of a similar size with the same main cause include Hope Has Arrived ($134k), Charleston Leadership Foundation ($134k) and Global Advance Foundation ($134k).

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 $152k against liabilities of $5,186, net assets of $147k.