In His Grip Ministries

Analysis

In His Grip Ministries is a registered charity in United States, based in Spring Hill, TN. It received its IRS tax-exemption ruling in February 2009, 17 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, In His Grip Ministries reported income of $512k and spending of $436k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $350k to $512k (+46%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 30%. Over the whole period it spent 86% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, In His Grip Ministries sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 72nd percentile within TN. Charities of a similar size with the same main cause include International Tribal Ministries Inc ($512k), Burmese Muslim Education and Community Center Inc ($512k) and Korean CBMC of North America ($511k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $191k (44% of expenses). At year end it held assets of $410k against liabilities of $16k, net assets of $394k. It reported 4 employees.