H2h Ministries Inc

Analysis

H2h Ministries Inc is a registered charity in United States, based in Frisco, TX. It received its IRS tax-exemption ruling in August 2016, 10 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, H2h Ministries Inc reported income of $348k and spending of $420k, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $356k to $348k (-2.4%), an average of -0.6% a year. The sharpest change came in the year to December 2021, when income rose by 41%. Over the whole period it spent 84% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, H2h Ministries Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 69th percentile within TX. Charities of a similar size with the same main cause include Zohar Lemaan Hageula ($348k), Team Everest USA ($348k) and Lifeshare Foundation ($347k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $281k (67% of expenses). At year end it held assets of $870k against liabilities of $8,180, net assets of $862k. It reported 2 employees.