Horeb Ministries
Analysis
Horeb Ministries is a registered charity in United States, based in Bridgewater, VA. It received its IRS tax-exemption ruling in September 2017, 9 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Horeb Ministries reported income of $130k and spending of $159k, spending 123% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $162k to $130k (-20%), an average of -4.3% a year. The sharpest change came in the year to December 2019, when income dropped by 54%. Over the whole period it spent 98% of the income it received.
Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Horeb Ministries sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 43rd percentile within VA. Charities of a similar size with the same main cause include Community2community ($130k), Go Inc ($130k) and Minority Care International ($130k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $24k (15% of expenses). At year end it held assets of $13k against liabilities of $0, net assets of $13k.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Community2community | Brooklyn | $130k |
| Go Inc | Gladstone | $130k |
| Minority Care International | Greenville | $130k |
| One Body Village Inc | Springfield | $130k |