H10 Ministries

Analysis

H10 Ministries is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in January 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, H10 Ministries reported income of $231k and spending of $180k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $219k to $231k (+5.3%), an average of +5.3% a year. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, H10 Ministries sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within AZ. Charities of a similar size with the same main cause include Los Angeles Orphanage Guild ($231k), Red Rock World Missions ($231k) and The Steps Inc ($231k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 119% of the total. Compensation of current officers, directors and key employees was $18k (10% of expenses). Other salaries and wages came to $34k. At year end it held assets of $638k against liabilities of $562k, net assets of $76k. It reported 9 employees.