Padresito International Ministry

Analysis

Padresito International Ministry is a registered charity in United States, based in Valley Stream, NY. It received its IRS tax-exemption ruling in December 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Padresito International Ministry reported income of $193k and spending of $219k, spending 113% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $159k to $193k (+22%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Padresito International Ministry sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 50th percentile within NY. Charities of a similar size with the same main cause include Friends of Transitions Guatemala ($193k), Lexington Four Ninety Inc ($193k) and Short Term Missions Producing Long Term Results ($193k).

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 $1,666 against liabilities of $0, net assets of $1,666.