Proyecto Fuerte Pregon

Analysis

Proyecto Fuerte Pregon is a registered charity in United States, based in Tyler, TX. It received its IRS tax-exemption ruling in December 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 2022, Proyecto Fuerte Pregon reported income of $266k and spending of $631k, spending 237% of what it took in. Across the 3 years on record, from December 2020 to December 2022, income fell from $552k to $266k (-52%), an average of -31% a year. The sharpest change came in the year to December 2021, when income rose by 92%. Over the whole period it spent 90% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Proyecto Fuerte Pregon 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 64th percentile within TX. Charities of a similar size with the same main cause include Continuum Network ($266k), Take It to the King Ministries ($266k) and Grace Opens Doors International ($266k).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 100% of the total. At year end it held assets of $548k against liabilities of $359k, net assets of $190k.