Pearl Haven Ministries Inc

Analysis

Pearl Haven Ministries Inc is a registered charity in United States, based in Jarrell, TX. It received its IRS tax-exemption ruling in March 2022, 4 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, Pearl Haven Ministries Inc reported income of $445k and spending of $367k, spending 83% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $398k to $445k (+12%), an average of +2.3% a year. The sharpest change came in the year to December 2023, when income rose by 191%. Over the whole period it spent 95% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Pearl Haven Ministries Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 73rd percentile within TX. Charities of a similar size with the same main cause include Hindu Temple of Tallahassee ($445k), Fahocha Bible Conference ($445k) and Friends of St Johns Chapel Inc ($445k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $7,350 (2.0% of expenses). Other salaries and wages came to $41k. At year end it held assets of $108k against liabilities of $0, net assets of $108k. It reported 1 employees.