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Hephzibah Ministries Inc

RegisteredEIN 58-0572463Fishers, INPoverty relief
Income$716k2024-06
Spending$290ksame year
Spent / received174%6-year average
Size in its cause70th pctPoverty relief
Exempt since1970Church
Employees3latest return

Analysis

Hephzibah Ministries Inc is a registered charity in United States, based in Fishers, IN. It received its IRS tax-exemption ruling in May 1970, 56 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Hephzibah Ministries Inc reported income of $716k and spending of $290k, leaving 60% of income unspent that year. The sharpest change came in the year to June 2023, when income rose by 420%. Over the whole period it spent 174% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hephzibah Ministries Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within IN. Charities of a similar size with the same main cause include Restored Inc ($716k), Ravens Foundation Inc ($716k) and Neighbors Along the Line ($716k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 5.1% of the total. Compensation of current officers, directors and key employees was $78k (27% of expenses). Other salaries and wages came to $58k. At year end it held assets of $6.5m against liabilities of $4,093, net assets of $6.5m. It reported 3 employees.

Income and spending

$0$598k$1.2m$1.8m$2.4m2019 Income: -$1,128,6352019 Spending: $2,393,74720192020 Income: $258,1632020 Spending: $176,22120202021 Income: $582,5492021 Spending: $190,88920212022 Income: $253,2092022 Spending: $193,12820222023 Income: $1,317,3692023 Spending: $231,50520232024 Income: $716,2982024 Spending: $289,5242024
IncomeSpending

Where the income comes from

  • Contributions & grants 5.1%
  • Other 95%

Similar-sized charities, same cause

CharityLocationIncome
Restored IncRoselawn$716k
Ravens Foundation IncOwings Mills$716k
Neighbors Along the LineTulsa$716k
Victor Farmington Food Cupboard IncVictor$716k