Larry Hutton Ministries Inc
Analysis
Larry Hutton Ministries Inc is a registered charity in United States, based in Locust Grove, GA. It received its IRS tax-exemption ruling in April 1987, 39 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, Larry Hutton Ministries Inc reported income of $206k and spending of $232k, spending 113% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income grew from $196k to $206k (+4.8%), an average of +1.6% a year. The sharpest change came in the year to December 2021, when income rose by 314%. Over the whole period it spent 83% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Larry Hutton Ministries Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 58th percentile within GA. Charities of a similar size with the same main cause include Waterboyz for Jesus Inc ($206k), Indy Car Ministry Inc ($206k) and Feed My Sheep Ministry Inc ($206k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% of the total. Compensation of current officers, directors and key employees was $77k (33% of expenses). At year end it held assets of $516k against liabilities of $25k, net assets of $491k. It reported 3 employees.
Income and spending
Where the income comes from
- Contributions & grants 88%
- Other 12%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Waterboyz for Jesus Inc | Frederick | $206k |
| Indy Car Ministry Inc | Indianapolis | $206k |
| Feed My Sheep Ministry Inc | Bell | $206k |
| Lighthouse Worship Center Churches | Aurora | $206k |