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Minghui Publishing Center Corporation

RegisteredEIN 82-5027765Middletown, NYReligion
Income$695k2023-12
Spending$378ksame year
Spent / received85%5-year average
Size in its cause88th pctReligion
Exempt since2018Publicly supported organisat
Employees0latest return

Analysis

Minghui Publishing Center Corporation is a registered charity in United States, based in Middletown, NY. It received its IRS tax-exemption ruling in November 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 (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, Minghui Publishing Center Corporation reported income of $695k and spending of $378k, leaving 46% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $46k to $695k (+1411%), an average of +97% a year. The sharpest change came in the year to December 2020, when income rose by 729%. Over the whole period it spent 85% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Minghui Publishing Center Corporation sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 71st percentile within NY. Charities of a similar size with the same main cause include Camp Luwisomo ($695k), Disciples Center for Education ($695k) and Temple Judah Trust ($695k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 20% of the total. At year end it held assets of $1.1m against liabilities of $18k, net assets of $1.1m.

Income and spending

$0$174k$348k$521k$695k2019 Income: $46,0112019 Spending: $134,83220192020 Income: $381,4792020 Spending: $143,87020202021 Income: $189,0332021 Spending: $194,16620212022 Income: $324,6452022 Spending: $537,34320222023 Income: $695,1332023 Spending: $377,5902023
IncomeSpending

Where the income comes from

  • Contributions & grants 79%
  • Program services 20%
  • Other 0.6%

Similar-sized charities, same cause

CharityLocationIncome
Camp LuwisomoWild Rose$695k
Disciples Center for EducationJohns Creek$695k
Temple Judah TrustCedar Rapids$695k
Kanchi Guruparampara FoundationCarpentersvle$696k