His Branches Inc

Analysis

His Branches Inc is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in February 1970, 56 years ago. 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 June 2023, His Branches Inc reported income of $2.5m and spending of $2.4m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.6m to $2.5m (+64%), an average of +13% a year. The sharpest change came in the year to June 2021, when income rose by 27%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, His Branches Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 85th percentile within NY. Charities of a similar size with the same main cause include Tucker Maxon School ($2.5m), Transformations by Austin Angels ($2.5m) and Knoxville Christian School ($2.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 38% and program service revenue 62% of the total. Compensation of current officers, directors and key employees was $238k (9.8% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $916k against liabilities of $515k, net assets of $401k. It reported 38 employees.