Mont Sinai Ministries Bayonnais Inc

Analysis

Mont Sinai Ministries Bayonnais Inc is a registered charity in United States, based in Port St Lucie, FL. It received its IRS tax-exemption ruling in January 2024, 2 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, Mont Sinai Ministries Bayonnais Inc reported income of $104k and spending of $108k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $73k to $104k (+43%), an average of +9.3% a year. The sharpest change came in the year to December 2023, when income rose by 48%. Over the whole period it spent 95% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Mont Sinai Ministries Bayonnais Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 41st percentile within FL. Charities of a similar size with the same main cause include Legatus ($104k), Awakening the Nations ($104k) and Central Texas Tres Dias Inc ($104k).

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 $19k against liabilities of $0, net assets of $19k.