Kiril Istatkov Ministries

Analysis

Kiril Istatkov Ministries is a registered charity in United States, based in Hollywood, SC. It received its IRS tax-exemption ruling in April 2021, 5 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, Kiril Istatkov Ministries reported income of $110k and spending of $110k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $95k to $110k (+16%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 101% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Kiril Istatkov Ministries sits at the 47th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 45th percentile within SC. Charities of a similar size with the same main cause include Royal Redemption Bible Fellowship ($110k), Prayer in the Barn Inc ($110k) and Metro Atlanta Community Mikvah Incorporated ($110k).

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 $335 against liabilities of $0, net assets of $335.