Higher Power Automotive Ministries Inc

Analysis

Higher Power Automotive Ministries Inc is a registered charity in United States, based in Fargo, ND. It received its IRS tax-exemption ruling in July 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 (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, Higher Power Automotive Ministries Inc reported income of $627k and spending of $581k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $375k to $627k (+67%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 32%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Higher Power Automotive 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 73rd percentile, and in the 70th percentile within ND. Charities of a similar size with the same main cause include Sexual Assault Victims Advocacy Center Inc ($627k), Defensoria Nicaraguense de Derechos Humanos Inc ($627k) and Colts Corner Daycare Center ($627k).

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 $28k (4.9% of expenses). Other salaries and wages came to $77k. At year end it held assets of $139k against liabilities of $0, net assets of $139k. It reported 3 employees.