Ministerios Torre Fuerte Internacional

Analysis

Ministerios Torre Fuerte Internacional is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in June 2011, 15 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 2022, Ministerios Torre Fuerte Internacional reported income of $456k and spending of $385k, spending 84% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $334k to $456k (+37%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 45%. Over the whole period it spent 101% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Ministerios Torre Fuerte Internacional sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 70th percentile within CA. Charities of a similar size with the same main cause include Mercy Mountain Ministries ($456k), One Another Ministries International ($456k) and Catholic Evangelism to the Chinese ($455k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 90% of the total. Compensation of current officers, directors and key employees was $36k (9.3% of expenses). At year end it held assets of $3.5m against liabilities of $1.7m, net assets of $1.9m. It reported 1 employees.