Holiness Hub Inc

Analysis

Holiness Hub Inc is a registered charity in United States, based in Quitman, LA. It received its IRS tax-exemption ruling in June 2019, 7 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Holiness Hub Inc reported income of $84k and spending of $79k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $61k to $84k (+36%), an average of +36% a year. The sharpest change came in the year to December 2023, when income rose by 36%. Over the whole period it spent 98% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Holiness Hub Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 32nd percentile within LA. Charities of a similar size with the same main cause include One Heart Health ($83k), Starfish Partners Foundation Inc ($84k) and Newman School Parent Teacher Council Trust ($83k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 25% and program service revenue 64% of the total. At year end it held assets of $67k against liabilities of $2,353, net assets of $65k.