His Branches Ministries

Analysis

His Branches Ministries is a registered charity in United States, based in Shelby, NC. It received its IRS tax-exemption ruling in October 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, His Branches Ministries reported income of $98k and spending of $109k, spending 111% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $79k to $98k (+25%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 105% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, His Branches Ministries sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 34th percentile within NC. Charities of a similar size with the same main cause include Bondi Ministries ($98k), Glendale Armenian Brotherhood Bible Church ($98k) and Bronx Community Assembly Corp ($98k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $8,279 against liabilities of $355, net assets of $7,924.