Hogue Ministries Inc

Analysis

Hogue Ministries Inc is a registered charity in United States, based in Ormond Beach, FL. It received its IRS tax-exemption ruling in December 2014, 12 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, Hogue Ministries Inc reported income of $392k and spending of $271k, leaving 31% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $218k to $392k (+80%), an average of +34% a year. The sharpest change came in the year to December 2023, when income rose by 81%. Over the whole period it spent 70% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Hogue Ministries Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 69th percentile within FL. Charities of a similar size with the same main cause include For Girls Like You Ministries ($392k), Pacific Marine Foundation Inc ($392k) and First Iu-Mien Church of Sacramento ($392k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $89k (33% of expenses). At year end it held assets of $327k against liabilities of $3,753, net assets of $324k. It reported 2 employees.