Help Ministries Inc

Analysis

Help Ministries Inc is a registered charity in United States, based in Largo, FL. It received its IRS tax-exemption ruling in June 2007, 19 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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 June 2023, Help Ministries Inc reported income of $2.7m and spending of $2.7m, spending 100% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.0m to $2.7m (+33%), an average of +9.9% a year. The sharpest change came in the year to June 2023, when income rose by 113%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Help Ministries Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 90th percentile within FL. Charities of a similar size with the same main cause include Friends of the Coalition ($2.7m), Fairbury Assisted Living Facility ($2.7m) and Suzys Senior Companionship Services ($2.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1,038 against liabilities of $0, net assets of $1,038.