Home Run Ministries Incorporated
Analysis
Home Run Ministries Incorporated is a registered charity in United States, based in Kingwood, TX. It received its IRS tax-exemption ruling in November 2000, 26 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, Home Run Ministries Incorporated reported income of $1.1m and spending of $984k, spending 89% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $598k to $1.1m (+85%), an average of +23% a year. The sharpest change came in the year to June 2021, when income rose by 35%. Over the whole period it spent 87% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Home Run Ministries Incorporated sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 84th percentile within TX. Charities of a similar size with the same main cause include Friedman Center for Peace Through Strength Inc ($1.1m), Story Tapestries Inc ($1.1m) and Rubys Rainbow Inc ($1.1m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.1% and program service revenue 96% of the total. Other salaries and wages came to $565k. At year end it held assets of $744k against liabilities of $1,817, net assets of $742k. It reported 224 employees.
Income and spending
Where the income comes from
- Contributions & grants 0.1%
- Program services 96%
- Other 4.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Friedman Center for Peace Through Strength Inc | Miami | $1.1m |
| Story Tapestries Inc | Poolesville | $1.1m |
| Rubys Rainbow Inc | Austin | $1.1m |
| Chesterton Academy of Notre Dame | Spokane Vly | $1.1m |