Haddis Ministries Incorporated

Analysis

Haddis Ministries Incorporated is a registered charity in United States, based in Easley, SC. It received its IRS tax-exemption ruling in June 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, Haddis Ministries Incorporated reported income of $443k and spending of $353k, leaving 20% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $153k to $443k (+189%), an average of +70% a year. The sharpest change came in the year to December 2023, when income rose by 72%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Haddis Ministries Incorporated sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 73rd percentile within SC. Charities of a similar size with the same main cause include New Neighbors Partnership Association ($443k), Church Community Outreach Services Inc ($443k) and Quad Cities Open Network ($443k).

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 $22k. At year end it held assets of $182k against liabilities of $0, net assets of $182k.