Ihs Ministries Inc

Analysis

Ihs Ministries Inc is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in December 2007, 19 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Ihs Ministries Inc reported income of $149k and spending of $101k, leaving 32% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $151k to $149k (-1.8%), an average of -0.5% a year. The sharpest change came in the year to December 2020, when income rose by 175%. Over the whole period it spent 47% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ihs Ministries Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 44th percentile within AZ. Charities of a similar size with the same main cause include Trustar Youth Foundation ($149k), Access Builds Children Inc ($149k) and Imagination Library of Daviess County Inc ($149k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% and program service revenue 46% of the total. At year end it held assets of $2.7m against liabilities of $0, net assets of $2.7m.