H O M Religious Assembly Hall Foundation

Analysis

H O M Religious Assembly Hall Foundation is a registered charity in United States, based in Covington, WA. It received its IRS tax-exemption ruling in December 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, H O M Religious Assembly Hall Foundation reported income of $238k and spending of $174k, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $124k to $238k (+92%), an average of +18% a year. The sharpest change came in the year to December 2020, when income rose by 31%. Over the whole period it spent 57% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, H O M Religious Assembly Hall Foundation sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 55th percentile within WA. Charities of a similar size with the same main cause include Live Your Mission Incorporated ($238k), Ministry in Mission ($238k) and The Haberman Institute for Jewish Studies ($238k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $1.2m against liabilities of $195k, net assets of $1.0m.