El Hogar Ministries Inc
Analysis
El Hogar Ministries Inc is a registered charity in United States, based in Andover, MA. It received its IRS tax-exemption ruling in September 2002, 24 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, El Hogar Ministries Inc reported income of $1.5m and spending of $1.6m, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.5m (+26%), an average of +5.9% a year. The sharpest change came in the year to December 2021, when income rose by 33%. Over the whole period it spent 109% of the income it received.
Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, El Hogar Ministries Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within MA. Charities of a similar size with the same main cause include Syrian Emergency Task Force ($1.5m), Hope for Ukraine Inc ($1.5m) and Armenian Relief and Development Association ($1.5m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $151k. At year end it held assets of $483k against liabilities of $159k, net assets of $324k. It reported 2 employees.
Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.
Income and spending
Where the income comes from
- Contributions & grants 100%
- Other 0.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Syrian Emergency Task Force | Washington | $1.5m |
| Hope for Ukraine Inc | Roseland | $1.5m |
| Armenian Relief and Development Association | Pasadena | $1.5m |
| Gisa Inc | New York | $1.5m |