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Ihs Ministries Inc

RegisteredEIN 46-1473308Saxonburg, PAReligion
Income$292k2023-12
Spending$286ksame year
Spent / received100%3-year average
Size in its cause74th pctReligion
Exempt since2014Publicly supported organisat
Employees2latest return

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

$0$73k$146k$219k$292k2021 Income: $243,6932021 Spending: $239,59720212022 Income: $276,7082022 Spending: $283,28520222023 Income: $291,5872023 Spending: $286,4702023
IncomeSpending

Where the income comes from

  • Contributions & grants 100%

Similar-sized charities, same cause

CharityLocationIncome
North Andhra Coastal Evangelizingassociation IncorporatedLoogootee$292k
Vietnamese Outreach InternationalHampton$292k
242 NetworkColdwater$292k
Kingdom News Network NFPLoveland$292k