Home Encouragement Ministries Inc

Analysis

Home Encouragement Ministries Inc is a registered charity in United States, based in Katy, TX. It received its IRS tax-exemption ruling in November 2007, 19 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, Home Encouragement Ministries Inc reported income of $120k and spending of $106k, spending 88% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $109k to $120k (+9.6%), an average of +9.6% a year. Over the whole period it spent 93% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Home Encouragement Ministries Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 45th percentile within TX. Charities of a similar size with the same main cause include Latin America Training Network Inc ($120k), Paul Lee Tan Prophetic Ministries ($120k) and Africa Equip Ministry International Inc ($120k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 56% and program service revenue 6.8% of the total. At year end it held assets of $128k against liabilities of $55k, net assets of $73k.