Pneuma-Winds of Hope Inc

Analysis

Pneuma-Winds of Hope Inc is a registered charity in United States, based in Bay St Louis, MS. It received its IRS tax-exemption ruling in December 1999, 27 years ago. Its declared purposes cover human services, 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 December 2022, Pneuma-Winds of Hope Inc reported income of $239k and spending of $349k, spending 146% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $196k to $239k (+22%), an average of +6.8% a year. The sharpest change came in the year to December 2022, when income rose by 42%. Over the whole period it spent 139% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Pneuma-Winds of Hope Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 59th percentile within MS. Charities of a similar size with the same main cause include Titusville Area Senior Citizens Corporation ($239k), Abiding Love Charities Inc ($239k) and Seven Loaves Soup Kitchen Inc ($239k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 59% of the total. Compensation of current officers, directors and key employees was $73k (21% of expenses). Other salaries and wages came to $57k. At year end it held assets of $377k against liabilities of $430k, net assets of -$53k. It reported 14 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.