Sylvia Blessings Ministries

Analysis

Sylvia Blessings Ministries is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in February 2018, 8 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Sylvia Blessings Ministries reported income of $195k and spending of $185k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $191k to $195k (+2.1%), an average of +2.1% a year. 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, Sylvia Blessings Ministries sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 51st percentile within NY. Charities of a similar size with the same main cause include Friends of Nagoya Theological Seminary ($195k), Nik Ripken Ministries ($195k) and Florida Center for Peace Inc ($195k).

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 $50k against liabilities of $0, net assets of $50k.