Helping in His Name Ministries Inc

Analysis

Helping in His Name Ministries Inc is a registered charity in United States, based in Stockbridge, GA. It received its IRS tax-exemption ruling in July 1994, 32 years ago. 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, Helping in His Name Ministries Inc reported income of $1.9m and spending of $2.0m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.8m to $1.9m (+5.4%), an average of +1.3% a year. The sharpest change came in the year to December 2021, when income rose by 36%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Helping in His Name Ministries Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 88th percentile within GA. Charities of a similar size with the same main cause include The Willow Domestic Violence Center Inc ($1.9m), Hill Country Crisis Council Inc ($1.9m) and Fibco Family Services Inc ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $58k (2.9% of expenses). Other salaries and wages came to $122k. At year end it held assets of $528k against liabilities of $20k, net assets of $508k. It reported 13 employees.