Manny Arango Ministries Inc

Analysis

Manny Arango Ministries Inc is a registered charity in United States, based in Desoto, TX. It received its IRS tax-exemption ruling in December 2022, 4 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, Manny Arango Ministries Inc reported income of $754k and spending of $619k, spending 82% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $369k to $754k (+104%), an average of +104% a year. The sharpest change came in the year to December 2023, when income rose by 104%. Over the whole period it spent 87% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Manny Arango Ministries Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 80th percentile within TX. Charities of a similar size with the same main cause include Global Year ($753k), Foundation of the Great Lakes Conference Churches of God General ($754k) and San Antonio Catholic Worker Community Housing Trust of 1992 ($753k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% and program service revenue 46% of the total. Compensation of current officers, directors and key employees was $185k (30% of expenses). At year end it held assets of $162k against liabilities of $19k, net assets of $143k. It reported 3 employees.