Katara Hull Ministries

Analysis

Katara Hull Ministries is a registered charity in United States, based in Highland, IN. It received its IRS tax-exemption ruling in February 2022, 4 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, Katara Hull Ministries reported income of $146k and spending of $146k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $151k to $146k (-3.4%), an average of -3.4% a year. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Katara Hull Ministries sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within IN. Charities of a similar size with the same main cause include Marshall Food Disbursement Center ($146k), A Second Wish by Demetrius Inc ($146k) and Every Child Has a Name Inc ($146k).

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 $20k against liabilities of $0, net assets of $20k.