His Way Inc

Analysis

His Way Inc is a registered charity in United States, based in Ridgeland, MS. It received its IRS tax-exemption ruling in November 1987, 39 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 December 2023, His Way Inc reported income of $944k and spending of $946k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.3m to $944k (-29%), an average of -8.1% a year. The sharpest change came in the year to December 2021, when income rose by 80%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, His Way Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 81st percentile within MS. Charities of a similar size with the same main cause include After School Clubs Inc ($944k), Oaks Village ($945k) and Valued Kids ($944k).

Other salaries and wages came to $147k. At year end it held assets of $1.6m against liabilities of $90k, net assets of $1.5m. It reported 21 employees.