His House Inc

Analysis

His House Inc is a registered charity in United States, based in Opa Locka, FL. It received its IRS tax-exemption ruling in September 1990, 36 years ago. 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 June 2023, His House Inc reported income of $24.4m and spending of $22.9m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $18.2m to $24.4m (+34%), an average of +7.6% a year. The sharpest change came in the year to June 2022, when income rose by 21%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, His House Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within FL. Charities of a similar size with the same main cause include Young Mens Christian Association of Metropolitan Chattanooga ($24.4m), Rocky Mountain Elk Foundation Inc Group Return ($24.4m) and Jubilee Housing Inc ($24.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $973k (4.3% of expenses). Other salaries and wages came to $13.9m. At year end it held assets of $11.0m against liabilities of $2.2m, net assets of $8.8m. It reported 408 employees.