Ministerio Logos Y Rhema de Dios Corp

Analysis

Ministerio Logos Y Rhema de Dios Corp is a registered charity in United States, based in North Augusta, SC. It received its IRS tax-exemption ruling in May 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 Logos Y Rhema de Dios Corp reported income of $209k and spending of $75k, leaving 64% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $339k to $209k (-38%), an average of -38% a year. The sharpest change came in the year to December 2023, when income dropped by 38%. Over the whole period it spent 72% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Ministerio Logos Y Rhema de Dios Corp sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 60th percentile within SC. Charities of a similar size with the same main cause include Trexo DMM Inc ($209k), St Mina Society Inc ($209k) and Bible First Mission Church of Hawaii Inc ($209k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $0 against liabilities of $0, net assets of $0. It reported 3 employees.