In His Name Ministries

Analysis

In His Name Ministries is a registered charity in United States, based in Independence, MO. It received its IRS tax-exemption ruling in October 2014, 12 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, In His Name Ministries reported income of $452k and spending of $463k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $408k to $452k (+11%), an average of +2.6% a year. The sharpest change came in the year to December 2021, when income rose by 18%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, In His Name Ministries sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 66th percentile within MO. Charities of a similar size with the same main cause include The Family Hope Foundation Inc ($452k), Illinois Partners for Human Service ($452k) and Freedom 5 One Ministries Inc ($452k).

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 $13k (2.9% of expenses). Other salaries and wages came to $37k. At year end it held assets of $96k against liabilities of $2,665, net assets of $94k. It reported 7 employees.