Ihs Ministries Inc
Analysis
Ihs Ministries Inc is a registered charity in United States, based in Saxonburg, PA. It received its IRS tax-exemption ruling in July 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, Ihs Ministries Inc reported income of $292k and spending of $286k, spending 98% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $244k to $292k (+20%), an average of +9.4% a year. Over the whole period it spent 100% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Ihs Ministries Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 59th percentile within PA. Charities of a similar size with the same main cause include North Andhra Coastal Evangelizingassociation Incorporated ($292k), Vietnamese Outreach International ($292k) and 242 Network ($292k).
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 $38k (13% of expenses). At year end it held assets of $31k against liabilities of $976, net assets of $30k. It reported 2 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| North Andhra Coastal Evangelizingassociation Incorporated | Loogootee | $292k |
| Vietnamese Outreach International | Hampton | $292k |
| 242 Network | Coldwater | $292k |
| Kingdom News Network NFP | Loveland | $292k |