Hardee County Ministerial Association Inc

Analysis

Hardee County Ministerial Association Inc is a registered charity in United States, based in Wauchula, FL. It received its IRS tax-exemption ruling in September 2000, 26 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 December 2023, Hardee County Ministerial Association Inc reported income of $1.2m and spending of $413k, leaving 67% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $273k to $1.2m (+352%), an average of +46% a year. The sharpest change came in the year to December 2023, when income rose by 107%. Over the whole period it spent 63% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hardee County Ministerial Association Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 83rd percentile within FL. Charities of a similar size with the same main cause include Childrens Academy ($1.2m), Asian American Lead Ldship Empwment and Devlpment for Youth & Family ($1.2m) and Teeter Totter Village ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 3.6% of the total. Other salaries and wages came to $149k. At year end it held assets of $1.5m against liabilities of $7,573, net assets of $1.5m. It reported 10 employees.