El Centro Ministries 1st Inc

Analysis

El Centro Ministries 1st Inc is a registered charity in United States, based in West Berlin, NJ. It received its IRS tax-exemption ruling in October 2021, 5 years ago. 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, El Centro Ministries 1st Inc reported income of $58k and spending of $61k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $50k to $58k (+15%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 15%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, El Centro Ministries 1st Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 30th percentile within NJ. Charities of a similar size with the same main cause include Society for Preservation & Encourmt of Barbershop Quartet Singing Amer ($58k), Wisconsin Deerhunters Inc ($58k) and Periodontal Study Club for Dental Hygentists Inc ($58k).

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 $37k against liabilities of $0, net assets of $37k.