Buddy Hicks Ministries

Analysis

Buddy Hicks Ministries is a registered charity in United States, based in Humble, TX. It received its IRS tax-exemption ruling in November 1985, 41 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Buddy Hicks Ministries reported income of $515k and spending of $404k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $888k to $515k (-42%), an average of -42% a year. The sharpest change came in the year to December 2023, when income dropped by 42%. Over the whole period it spent 74% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Buddy Hicks Ministries sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 75th percentile within TX. Charities of a similar size with the same main cause include Right to Life of Central California Education Fund ($515k), American Friends of Chabad Vietnam Inc ($515k) and Veriditas Inc ($515k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 33% of the total. Compensation of current officers, directors and key employees was $132k (33% of expenses). At year end it held assets of $0 against liabilities of $0, net assets of $0. It reported 2 employees.