Paul Seng Ministries

Analysis

Paul Seng Ministries is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Paul Seng Ministries reported income of $78k and spending of $33k, leaving 57% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $58k to $78k (+35%), an average of +35% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 50% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Paul Seng Ministries sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 32nd percentile within CA. Charities of a similar size with the same main cause include Endowment Fund of Christ Episcopal Church ($78k), Healthy Churches Network ($78k) and Burbank Gospel Assembly Inc ($78k).

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 $44k against liabilities of $0, net assets of $44k.