Ministerio Conexion Divina Inc

Analysis

Ministerio Conexion Divina Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in September 2017, 9 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 Conexion Divina Inc reported income of $319k and spending of $280k, spending 88% of its income. Across the 5 years on record, from December 2018 to December 2023, income grew from $207k to $319k (+54%), an average of +11% a year. The sharpest change came in the year to December 2022, when income rose by 88%. Over the whole period it spent 96% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Ministerio Conexion Divina Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 66th percentile within FL. Charities of a similar size with the same main cause include Grace Bible Church Denton County ($319k), Be Still Inc ($319k) and Order of St Michael Inc ($318k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 91% of the total. Compensation of current officers, directors and key employees was $44k (16% of expenses). At year end it held assets of $162k against liabilities of $71k, net assets of $90k. It reported 2 employees.