Mike Hoesch Ministries
Analysis
Mike Hoesch Ministries is a registered charity in United States, based in Broken Arrow, OK. 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending September 2023, Mike Hoesch Ministries reported income of $190k and spending of $162k, spending 85% of its income. Across the 2 years on record, from September 2022 to September 2023, income fell from $209k to $190k (-8.7%), an average of -8.7% a year. Over the whole period it spent 70% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Mike Hoesch Ministries sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 54th percentile within OK. Charities of a similar size with the same main cause include People Loving People Incorporated ($190k), Hebraeus Foundation ($191k) and Mosaic International Ministries ($190k).
On its Form 990 for the period ending September 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $48k (30% of expenses). At year end it held assets of $340k against liabilities of $0, net assets of $340k. It reported 1 employees.
Income and spending
Where the income comes from
- Contributions & grants 98%
- Other 2.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| People Loving People Incorporated | Oyster Bay | $190k |
| Hebraeus Foundation | Ephraim | $191k |
| Mosaic International Ministries | Colorado Springs | $190k |
| Moriah Ministries | Allendale | $191k |