Inheritance House Inc

Analysis

Inheritance House Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in February 2019, 7 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, Inheritance House Inc reported income of $51k and spending of $72k, spending 142% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $92k to $51k (-45%), an average of -45% a year. The sharpest change came in the year to December 2023, when income dropped by 45%. Over the whole period it spent 109% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Inheritance House Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 23rd percentile within FL. Charities of a similar size with the same main cause include Breakthrough Worship Center Inc ($51k), Leaderwithin Inc ($51k) and Pathway College Outreach Ministry Inc ($51k).

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 $28k against liabilities of $0, net assets of $28k.