Hebron Colony Ministries Inc

Analysis

Hebron Colony Ministries Inc is a registered charity in United States, based in Boone, NC. It received its IRS tax-exemption ruling in February 1949, 77 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 June 2023, Hebron Colony Ministries Inc reported income of $1.3m and spending of $1.4m, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.1m to $1.3m (+17%), an average of +4.1% a year. The sharpest change came in the year to June 2021, when income rose by 20%. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hebron Colony Ministries Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within NC. Charities of a similar size with the same main cause include Partnership for a Drug-Free New Jersey ($1.3m), Recovery Cafe Orting Valley ($1.3m) and Plains Volunteer Ambulance Association ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 54% and program service revenue 44% of the total. Compensation of current officers, directors and key employees was $55k (4.0% of expenses). Other salaries and wages came to $363k. At year end it held assets of $2.8m against liabilities of $26k, net assets of $2.8m. It reported 17 employees.