HKC Ministries Inc

Analysis

HKC Ministries Inc is a registered charity in United States, based in Ashville, OH. It received its IRS tax-exemption ruling in August 2017, 9 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, HKC Ministries Inc reported income of $79k and spending of $62k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $61k to $79k (+31%), an average of +31% a year. The sharpest change came in the year to December 2023, when income rose by 31%. Over the whole period it spent 77% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, HKC Ministries Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 31st percentile within OH. Charities of a similar size with the same main cause include Society of Saint Vincent de Paul in the Archdiocese of Boston ($79k), Interdenominational Ministerial Alliance of Fairbanks ($79k) and Great Awakening Productions ($79k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $87k against liabilities of $0, net assets of $87k.