Help Ministries Inc

Analysis

Help Ministries Inc is a registered charity in United States, based in Danville, IL. It received its IRS tax-exemption ruling in December 1992, 34 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 July 2023, Help Ministries Inc reported income of $540k and spending of $587k, spending 109% of what it took in. Across the 5 years on record, from July 2019 to July 2023, income grew from $529k to $540k (+2.1%), an average of +0.5% a year. The sharpest change came in the year to July 2023, when income rose by 16%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Help Ministries Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within IL. Charities of a similar size with the same main cause include The Oasis Center for Women & Girls Inc ($540k), Repauno Pre-School Day Care Inc ($540k) and Congregational Home Foundation ($540k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $332k. At year end it held assets of $605k against liabilities of $5,609, net assets of $599k. It reported 22 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.