Masters Hands Ministries

Analysis

Masters Hands Ministries is a registered charity in United States, based in Shelton, WA. It received its IRS tax-exemption ruling in November 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Masters Hands Ministries reported income of $60k and spending of $67k, spending 112% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $63k to $60k (-4.8%), an average of -4.8% a year. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Masters Hands Ministries sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 18th percentile within WA. Charities of a similar size with the same main cause include Community Apartments Corporation of Catawba County ($60k), National Charity League ($60k) and Portneuf Medical Center Auxiliary ($60k).

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 $46k against liabilities of $0, net assets of $46k.