Billy Humphrey Ministries Inc

Analysis

Billy Humphrey Ministries Inc is a registered charity in United States, based in Lawrenceville, GA. It received its IRS tax-exemption ruling in June 2021, 5 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, Billy Humphrey Ministries Inc reported income of $643k and spending of $543k, spending 85% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $209k to $643k (+208%), an average of +76% a year. The sharpest change came in the year to December 2023, when income rose by 97%. Over the whole period it spent 96% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Billy Humphrey Ministries Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 78th percentile within GA. Charities of a similar size with the same main cause include Iglesia Cristiana LA Luz de Jesus ($642k), Spare a Dime Inc ($643k) and Consumed Ministries ($642k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.5% of the total. At year end it held assets of $144k against liabilities of $11k, net assets of $133k.