HTM USA

Analysis

HTM USA is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in November 2013, 13 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, HTM USA reported income of $185k and spending of $150k, spending 81% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $393k to $185k (-53%), an average of -31% a year. The sharpest change came in the year to December 2022, when income dropped by 59%. Over the whole period it spent 106% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, HTM USA sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within NC. Charities of a similar size with the same main cause include Missio Global Ministries Inc ($185k), Athletes Corner ($185k) and LX Ministries Inc ($185k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 35% of the total. At year end it held assets of $79k against liabilities of $0, net assets of $79k.