Extended Hand Ministries Inc

Analysis

Extended Hand Ministries Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in March 1977, 49 years ago. 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 July 2024, Extended Hand Ministries Inc reported income of $143k and spending of $125k, spending 87% of its income. Across the 2 years on record, from July 2023 to July 2024, income grew from $115k to $143k (+24%), an average of +24% a year. The sharpest change came in the year to July 2024, when income rose by 24%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Extended Hand Ministries Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within IN. Charities of a similar size with the same main cause include Escondido Rotary Foundation ($143k), Hugh Obrian Youth Leadership ($143k) and South Norfolk County Residences ($143k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $123k against liabilities of $1,978, net assets of $121k.