HT Ministries

Analysis

HT Ministries is a registered charity in United States, based in Burton, OH. It received its IRS tax-exemption ruling in August 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, HT Ministries reported income of $770k and spending of $107k, leaving 86% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $230k to $770k (+235%), an average of +235% a year. The sharpest change came in the year to December 2023, when income rose by 235%. Over the whole period it spent 22% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, HT Ministries sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within OH. Charities of a similar size with the same main cause include Foodshed Alliance a NJ Nonprofit Corporation ($770k), Older Persons Action Group Inc ($770k) and Young Mens-Young Womens Hebrew Association of Bergen County ($770k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% of the total. At year end it held assets of $952k against liabilities of $0, net assets of $952k.