Hitching Post Ministries

Analysis

Hitching Post Ministries is a registered charity in United States, based in Lake Elsinore, CA. It received its IRS tax-exemption ruling in July 2019, 7 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, Hitching Post Ministries reported income of $306k and spending of $321k, spending 105% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $235k to $306k (+30%), an average of +14% a year. The sharpest change came in the year to December 2022, when income rose by 25%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hitching Post Ministries sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within CA. Charities of a similar size with the same main cause include New Futures Inc ($306k), Faith & Grief Ministries Inc ($306k) and Prestwick Community Outreach Inc ($306k).

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 $53k (16% of expenses). Other salaries and wages came to $65k. At year end it held assets of $130k against liabilities of $472, net assets of $130k. It reported 5 employees.