Helpers in Ministries Inc

Analysis

Helpers in Ministries Inc is a registered charity in United States, based in Newburgh, IN. It received its IRS tax-exemption ruling in February 1989, 37 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Helpers in Ministries Inc reported income of $1.3m and spending of $1.4m, spending 104% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.1m to $1.3m (+23%), an average of +5.3% a year. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Helpers in Ministries 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 82nd percentile, and in the 82nd percentile within IN. Charities of a similar size with the same main cause include New Creation Va ($1.3m), Gildas Club Madison Wisconsin Inc ($1.3m) and Kauai Food Bank Inc ($1.3m).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $312k (23% of expenses). Other salaries and wages came to $139k. At year end it held assets of $547k against liabilities of $0, net assets of $547k. It reported 11 employees.