Trusting Him Inc

Analysis

Trusting Him Inc is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in May 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Trusting Him Inc reported income of $1.5m and spending of $1.7m, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $797k to $1.5m (+94%), an average of +18% a year. The sharpest change came in the year to December 2021, when income rose by 38%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Trusting Him Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 86th percentile within FL. Charities of a similar size with the same main cause include Kids Win Missouri ($1.5m), Toledo Day Nursery ($1.5m) and Korean Resource Center Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.6% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $118k (7.1% of expenses). Other salaries and wages came to $854k. At year end it held assets of $593k against liabilities of $568k, net assets of $25k.