On the Way Home Ministries

Analysis

On the Way Home Ministries is a registered charity in United States, based in Lawn, TX. It received its IRS tax-exemption ruling in October 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, On the Way Home Ministries reported income of $71k and spending of $72k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $197k to $71k (-64%), an average of -64% a year. The sharpest change came in the year to December 2023, when income dropped by 64%. Over the whole period it spent 53% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, On the Way Home Ministries sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 29th percentile within TX. Charities of a similar size with the same main cause include Vajrapani Kadampa Buddhist Center ($71k), Roots and Wings Ministries International ($71k) and Warm Heart Ministries ($71k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 75% of the total. At year end it held assets of $268k against liabilities of $0, net assets of $268k.