By His Wounds Inc

Analysis

By His Wounds Inc is a registered charity in United States, based in Virginia BCH, VA. It received its IRS tax-exemption ruling in May 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, By His Wounds Inc reported income of $109k and spending of $104k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $269k to $109k (-59%), an average of -59% a year. The sharpest change came in the year to December 2023, when income dropped by 59%. Over the whole period it spent 55% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, By His Wounds Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 39th percentile within VA. Charities of a similar size with the same main cause include Massachusetts National Lancers Association ($109k), Hilltop Manor Housing Development Fund Co Inc ($109k) and Fields of the Fatherless ($109k).

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 $498k against liabilities of $2,820, net assets of $496k.