His Cherished Ones Inc

Analysis

His Cherished Ones Inc is a registered charity in United States, based in Live Oak, FL. It received its IRS tax-exemption ruling in February 2009, 17 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 2022, His Cherished Ones Inc reported income of $224k and spending of $313k, spending 140% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $303k to $224k (-26%), an average of -9.6% a year. The sharpest change came in the year to December 2020, when income dropped by 37%. Over the whole period it spent 104% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, His Cherished Ones Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 59th percentile within FL. Charities of a similar size with the same main cause include Israel Global Initiative Fund Inc ($223k), Fp21 ($224k) and Sacred Valley Project Inc ($223k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $56k (18% of expenses). At year end it held assets of $268k against liabilities of $718, net assets of $267k. It reported 2 employees.