Karazim Ministries International Inc

Analysis

Karazim Ministries International Inc is a registered charity in United States, based in North Miami, FL. It received its IRS tax-exemption ruling in July 2010, 16 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Karazim Ministries International Inc reported income of $165k and spending of $155k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $327k to $165k (-50%), an average of -16% a year. The sharpest change came in the year to December 2021, when income dropped by 44%. Over the whole period it spent 96% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Karazim Ministries International Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 53rd percentile within FL. Charities of a similar size with the same main cause include Foundation in Support of the Franciscan Sisters of the Hearts O ($165k), Xponent Ministries ($165k) and Buddhist Society of Idaho ($165k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 33% of the total. At year end it held assets of $68k against liabilities of $0, net assets of $68k.