Habit Missions Ministry Inc

Analysis

Habit Missions Ministry Inc is a registered charity in United States, based in Advance, NC. It received its IRS tax-exemption ruling in June 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 (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, Habit Missions Ministry Inc reported income of $223k and spending of $221k, spending 99% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $243k to $223k (-8.1%), an average of -2.8% a year. The sharpest change came in the year to December 2022, when income dropped by 18%. Over the whole period it spent 99% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Habit Missions Ministry Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 54th percentile within NC. Charities of a similar size with the same main cause include Inner-City Movement Inc ($223k), RPM Ministries Inc ($223k) and Gospel Network Support Inc ($223k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $64k (29% of expenses). At year end it held assets of $5,061 against liabilities of $0, net assets of $5,061.