Steve Henshaw Ministry Inc

Analysis

Steve Henshaw Ministry Inc is a registered charity in United States, based in Eagle Rock, MO. It received its IRS tax-exemption ruling in September 2008, 18 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, Steve Henshaw Ministry Inc reported income of $62k and spending of $141k, spending 229% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $275k to $62k (-78%), an average of -53% a year. The sharpest change came in the year to December 2022, when income rose by 325%. Over the whole period it spent 24% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Steve Henshaw Ministry Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 22nd percentile within MO. Charities of a similar size with the same main cause include Keren Horainu Inc ($62k), Buddhist Kung Fu Meditation Centre of USA Inc ($62k) and Zichron Chaim Nachman Fund Inc ($62k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $5.7m against liabilities of $5.8m, net assets of -$151k.