From His Presence Inc

Analysis

From His Presence Inc is a registered charity in United States, based in Chattanooga, TN. It received its IRS tax-exemption ruling in March 2018, 8 years ago. 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, From His Presence Inc reported income of $780k and spending of $856k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $277k to $780k (+182%), an average of +30% a year. The sharpest change came in the year to December 2021, when income rose by 66%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, From His Presence Inc sits at the 75th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 78th percentile within TN. Charities of a similar size with the same main cause include Fort Collins Symphony Assn ($780k), Unconstrained Analytics Inc ($780k) and Pop Warner Little Scholars Inc ($780k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $109k (13% of expenses). Other salaries and wages came to $260k. At year end it held assets of $107k against liabilities of $3,499, net assets of $103k. It reported 5 employees.