In His Grip Ministries Inc

Analysis

In His Grip Ministries Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in July 2015, 11 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 December 2023, In His Grip Ministries Inc reported income of $117k and spending of $129k, spending 110% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $115k to $117k (+2.5%), an average of +2.5% a year. Over the whole period it spent 107% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, In His Grip Ministries Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 41st percentile within KY. Charities of a similar size with the same main cause include Planted International Inc ($117k), Iqra Muslim Foundation of America Inc ($117k) and Heart Transformation ($117k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 77% of the total. At year end it held assets of $69k against liabilities of $250, net assets of $69k.