Humble House Ministries Inc

Analysis

Humble House Ministries Inc is a registered charity in United States, based in Panama City, FL. It received its IRS tax-exemption ruling in September 2020, 6 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 2022, Humble House Ministries Inc reported income of $455k and spending of $330k, leaving 27% of income unspent that year. Across the 2 years on record, from December 2021 to December 2022, income grew from $322k to $455k (+41%), an average of +41% a year. The sharpest change came in the year to December 2022, when income rose by 41%. Over the whole period it spent 71% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Humble House Ministries Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 71st percentile within FL. Charities of a similar size with the same main cause include Kennedys Disease Association ($455k), Foundation for Hope and Health in Haiti ($455k) and Telluride AIDS Benefit Inc ($455k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 90% and program service revenue 9.8% of the total. Compensation of current officers, directors and key employees was $60k (18% of expenses). Other salaries and wages came to $97k. At year end it held assets of $453k against liabilities of $119k, net assets of $334k. It reported 14 employees.