Hischannel Ministries

Analysis

Hischannel Ministries is a registered charity in United States, based in Santa Ana, CA. It received its IRS tax-exemption ruling in June 2011, 15 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, Hischannel Ministries reported income of $867k and spending of $918k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $664k to $867k (+31%), an average of +6.9% a year. The sharpest change came in the year to December 2020, when income rose by 54%. Over the whole period it spent 95% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Hischannel Ministries sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within CA. Charities of a similar size with the same main cause include Faith Ranch and Farms Fund ($867k), Sri Sai Baba Temple Society of Ohio ($867k) and TVS Ministries Inc ($867k).

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 $11k (1.2% of expenses). Other salaries and wages came to $174k. At year end it held assets of $449k against liabilities of $0, net assets of $449k. It reported 6 employees.