H2o Ministries Inc

Analysis

H2o Ministries Inc is a registered charity in United States, based in Robert, LA. It received its IRS tax-exemption ruling in January 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, H2o Ministries Inc reported income of $266k and spending of $199k, leaving 25% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $105k to $266k (+152%), an average of +152% a year. The sharpest change came in the year to December 2023, when income rose by 152%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, H2o Ministries Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 58th percentile within LA. Charities of a similar size with the same main cause include Village of Hope Inc ($266k), A Rose in Haste Inc ($266k) and Jefferson City Area Community Services ($266k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $110k. At year end it held assets of $83k against liabilities of $2,235, net assets of $81k.