Hesed Life Ministries International Inc
Analysis
Hesed Life Ministries International Inc is a registered charity in United States, based in Burleson, TX. It received its IRS tax-exemption ruling in June 2015, 11 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Hesed Life Ministries International Inc reported income of $74k and spending of $66k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $64k to $74k (+15%), an average of +15% a year. Over the whole period it spent 102% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Hesed Life Ministries International Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 30th percentile within TX. Charities of a similar size with the same main cause include Serving Our Neighbors ($74k), Christian Foundation Liberia ($74k) and Isi Life ($74k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $97k against liabilities of $0, net assets of $97k.
Income and spending
Where the income comes from
- Contributions & grants 96%
- Other 3.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Serving Our Neighbors | Portland | $74k |
| Christian Foundation Liberia | West Finley | $74k |
| Isi Life | Cleveland | $74k |
| Victory Harvest Ministries of Savannah Inc | Savannah | $74k |