Hunt County Shared Ministries Inc

Analysis

Hunt County Shared Ministries Inc is a registered charity in United States, based in Greenville, TX. It received its IRS tax-exemption ruling in February 1991, 35 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 March 2023, Hunt County Shared Ministries Inc reported income of $4.0m and spending of $3.9m, spending 98% of its income. Across the 5 years on record, from March 2019 to March 2023, income grew from $2.0m to $4.0m (+98%), an average of +18% a year. The sharpest change came in the year to March 2023, when income rose by 37%. Over the whole period it spent 98% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Hunt County Shared Ministries 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 91st percentile, and in the 93rd percentile within TX. Charities of a similar size with the same main cause include A Partners ($4.0m), Deer Run Retreat Center ($4.0m) and Riverbend Retreat Center ($4.0m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $62k (1.6% of expenses). Other salaries and wages came to $132k. At year end it held assets of $523k against liabilities of $17k, net assets of $506k.