Holy Family Charities Inc
Analysis
Holy Family Charities Inc is a registered charity in United States, based in Westminster, CA. It received its IRS tax-exemption ruling in August 2014, 12 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, Holy Family Charities Inc reported income of $83k and spending of $83k, spending 100% of its income. Across the 3 years on record, from December 2019 to December 2023, income grew from $53k to $83k (+57%), an average of +25% a year. The sharpest change came in the year to December 2022, when income rose by 42%. Over the whole period it spent 96% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Holy Family Charities Inc sits at the 37th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 34th percentile within CA. Charities of a similar size with the same main cause include Phat Bao Temple ($83k), Acts Foundation Global Inc ($83k) and Newcreeations Ministries ($83k).
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 $0 against liabilities of $0, net assets of $0.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Phat Bao Temple | Philadelphia | $83k |
| Acts Foundation Global Inc | New PRT Rchy | $83k |
| Newcreeations Ministries | Washington | $83k |
| Grace Bridge for Christ Ministry | Scottsdale | $83k |