H I S Restoration Ministries

Analysis

H I S Restoration Ministries is a registered charity in United States, based in Saginaw, MI. It received its IRS tax-exemption ruling in December 1998, 28 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 December 2023, H I S Restoration Ministries reported income of $63k and spending of $45k, leaving 28% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $54k to $63k (+17%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 17%. Over the whole period it spent 70% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, H I S Restoration Ministries sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 24th percentile within MI. Charities of a similar size with the same main cause include Woodring Wall of Honor and Veterans Park Inc ($63k), Sunergos International ($63k) and Capital Region Vegan Network ($63k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $371k against liabilities of $0, net assets of $371k.