Heralds of Christ Tidings of Joy Inc

Analysis

Heralds of Christ Tidings of Joy Inc is a registered charity in United States, based in Pikeville, KY. It received its IRS tax-exemption ruling in May 1981, 45 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, Heralds of Christ Tidings of Joy Inc reported income of $118k and spending of $108k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $101k to $118k (+16%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 16%. 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, Heralds of Christ Tidings of Joy Inc sits at the 49th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 41st percentile within KY. Charities of a similar size with the same main cause include Out of Egypt Ministries a NJ Nonprofit Corporataion ($118k), Phap Van Buddhist Culture Center ($118k) and Dream Mountain Christian Camp Inc ($118k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $26k against liabilities of $0, net assets of $26k.