John Hobson Ministries Inc

Analysis

John Hobson Ministries Inc is a registered charity in United States, based in Winchester, KY. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, John Hobson Ministries Inc reported income of $458k and spending of $399k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $455k to $458k (+0.6%), an average of +0.6% a year. 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, John Hobson Ministries Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 70th percentile within KY. Charities of a similar size with the same main cause include YMCA of Metropolitan Fort Worth Endowment Inc ($458k), The Opportunity Center Foundation I ($458k) and Kids Are Kids Learning Center Inc ($458k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.4% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $140k (35% of expenses). At year end it held assets of $337k against liabilities of $0, net assets of $337k.