Joey Hamby Ministries Inc

Analysis

Joey Hamby Ministries Inc is a registered charity in United States, based in Sugar Land, TX. It received its IRS tax-exemption ruling in November 1996, 30 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, Joey Hamby Ministries Inc reported income of $98k and spending of $113k, spending 116% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $102k to $98k (-3.7%), an average of -3.7% a year. Over the whole period it spent 105% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Joey Hamby Ministries Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 39th percentile within TX. Charities of a similar size with the same main cause include Friends for Hope ($98k), Jewish Youth Encounter Program Inc ($98k) and Village Keepers Inc ($98k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $7,160 against liabilities of $0, net assets of $7,160.