Haywood Christian Ministry Inc

Analysis

Haywood Christian Ministry Inc is a registered charity in United States, based in Waynesville, NC. It received its IRS tax-exemption ruling in April 1985, 41 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Haywood Christian Ministry Inc reported income of $1.8m and spending of $1.7m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $815k to $1.8m (+116%), an average of +21% a year. The sharpest change came in the year to December 2023, when income rose by 53%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Haywood Christian Ministry Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within NC. Charities of a similar size with the same main cause include Carson City Senior Citizens Center ($1.8m), Senior Citizens Services of North Texas Inc ($1.8m) and Gabriels Villa Inc ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 64% of the total. Other salaries and wages came to $611k. At year end it held assets of $3.1m against liabilities of $120k, net assets of $3.0m. It reported 23 employees.