Hephzibah House Bible Training School & Home of Rest Inc
Analysis
Hephzibah House Bible Training School & Home of Rest Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 1961, 65 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Hephzibah House Bible Training School & Home of Rest Inc reported income of $613k and spending of $451k, leaving 26% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $318k to $613k (+93%), an average of +24% a year. The sharpest change came in the year to December 2022, when income rose by 150%. Over the whole period it spent 85% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hephzibah House Bible Training School & Home of Rest Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 69th percentile within NY. Charities of a similar size with the same main cause include Courage California Institute ($613k), Pregnancy Resource Clinic Inc ($613k) and Freedom CR a Hand Up Ministry ($612k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $242k (54% of expenses). At year end it held assets of $724k against liabilities of $6,561, net assets of $717k. It reported 12 employees.
Income and spending
Where the income comes from
- Contributions & grants 17%
- Program services 82%
- Other 0.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Courage California Institute | Los Angeles | $613k |
| Pregnancy Resource Clinic Inc | Saint Joseph | $613k |
| Freedom CR a Hand Up Ministry | Trenton | $612k |
| Ninth Street Kin | Durham | $613k |