Richard L Hamm Ministries

Analysis

Richard L Hamm Ministries is a registered charity in United States, based in Fort Mill, SC. It received its IRS tax-exemption ruling in January 2006, 20 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Richard L Hamm Ministries reported income of $105k and spending of $202k, spending 192% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $1.3m to $105k (-92%), an average of -92% a year. The sharpest change came in the year to December 2023, when income dropped by 92%. Over the whole period it spent 27% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Richard L Hamm Ministries sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 44th percentile within SC. Charities of a similar size with the same main cause include Iglesia de Jesucristo Descanso de Vida ($105k), Maitreyas Concern Mission ($105k) and Miracle Life Ministries Inc ($105k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% of the total. Compensation of current officers, directors and key employees was $151k (75% of expenses). At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m. It reported 2 employees.