Hephzibah Ministries Inc
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
Where the income comes from
- Contributions & grants 5.1%
- Other 95%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Restored Inc | Roselawn | $716k |
| Ravens Foundation Inc | Owings Mills | $716k |
| Neighbors Along the Line | Tulsa | $716k |
| Victor Farmington Food Cupboard Inc | Victor | $716k |