Latin America Mennonite Project

Analysis

Latin America Mennonite Project is a registered charity in United States, based in Slaughters, KY. It received its IRS tax-exemption ruling in March 2020, 6 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, Latin America Mennonite Project reported income of $263k and spending of $59k, leaving 78% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $546k to $263k (-52%), an average of -17% a year. The sharpest change came in the year to December 2020, when income dropped by 60%. Over the whole period it spent 37% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Latin America Mennonite Project sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within KY. Charities of a similar size with the same main cause include Dennis Agajanian Ministries ($263k), Heartstrong Inc ($263k) and Rehoboth Ministries International Inc ($263k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 115% of the total. At year end it held assets of $1.0m against liabilities of $12k, net assets of $1.0m.