Pan de Vida Spanish Ministry of Ontario Inc

Analysis

Pan de Vida Spanish Ministry of Ontario Inc is a registered charity in United States, based in Upland, CA. It received its IRS tax-exemption ruling in March 1972, 54 years ago. 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, Pan de Vida Spanish Ministry of Ontario Inc reported income of $229k and spending of $199k, spending 87% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $249k to $229k (-8.0%), an average of -4.1% a year. The sharpest change came in the year to December 2023, when income dropped by 17%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pan de Vida Spanish Ministry of Ontario Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 59th percentile within CA. Charities of a similar size with the same main cause include Nba Mountain Falls Apartments II ($229k), Sand Lake Center for the Arts Circle Theatre Players Inc ($229k) and Capital City Rowing Inc ($229k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $40k (20% of expenses). At year end it held assets of $85k against liabilities of $0, net assets of $85k.