Ihs Ministries Inc
Ihs Ministries Inc maintains strong asset growth and zero liabilities with volunteer leadership despite fluctuating revenues.
EIN: 204073073 · Phoenix, AZ · NTEE: P11 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $122K |
| Total Expenses | $101K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $2.7 |
| Net Assets | $2.7M |
| Transparency Score | 90/100 |
Is Ihs Ministries Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ihs Ministries Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ihs Ministries Inc
Ihs Ministries Inc (EIN: 204073073) is a nonprofit organization based in Phoenix, AZ, classified under NTEE code P11. The organization reported total revenue of $122K and total assets of $2.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ihs Ministries Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ihs Ministries Inc is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -7.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $149K |
| Total Expenses | $101K |
| Surplus / Deficit | +$48K |
| Total Assets | $2.7M |
| Net Assets | $2.7M |
| Operating Margin | 32.4% |
| Months of Reserves | 324.2 months |
Financial Health Grade: A
In 2023, Ihs Ministries Inc reported a surplus of $48K with revenue exceeding expenses, holds 324.2 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Ihs Ministries Inc's revenue has declined at a compound annual growth rate (CAGR) of -7.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -24.2% | -24.9% | +1.8% |
| 2022 | -46.3% | +33.7% | +2.4% |
| 2021 | -12.4% | -27.7% | +11.3% |
| 2020 | +175.4% | +13.5% | +13.5% |
| 2019 | -40.2% | -54.8% | +1.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Ihs Ministries Inc with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Ihs Ministries Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $48K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that leadership is either entirely volunteer-based or compensated through non-officer roles, which is highly efficient for an organization of its size with assets exceeding $2.7 million.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Ihs Ministries Inc's IRS 990 filings:
- Significant revenue volatility over time, making future income less predictable.
Strengths
The following positive indicators were identified for Ihs Ministries Inc:
- Consistent asset growth, increasing from $1.68M in 2014 to $2.71M in 2023.
- Zero reported liabilities across all 13 filings, indicating exceptional financial stability.
- 0% officer compensation, demonstrating highly efficient leadership and resource allocation.
- Expenses consistently lower than revenue in most periods, suggesting strong financial management.
- Long history of IRS 990 filings (13 periods), indicating transparency and compliance.
Frequently Asked Questions about Ihs Ministries Inc
Is Ihs Ministries Inc a legitimate charity?
Ihs Ministries Inc (EIN: 204073073) is a registered tax-exempt nonprofit based in Arizona. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $122K. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Ihs Ministries Inc spend its money?
Ihs Ministries Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Ihs Ministries Inc tax-deductible?
Ihs Ministries Inc is registered as a tax-exempt nonprofit (EIN: 204073073). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Ihs Ministries Inc CEO make?
Ihs Ministries Inc's highest-compensated officer earns $2.7 annually. The organization reported $122K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Ihs Ministries Inc's spending goes to programs?
Ihs Ministries Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Ihs Ministries Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Ihs Ministries Inc is above average for NTEE category P11 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Ihs Ministries Inc located?
Ihs Ministries Inc is headquartered in Phoenix, Arizona and files with the IRS under EIN 204073073. It is classified under NTEE code P11.
How many years of IRS 990 filings does Ihs Ministries Inc have?
Ihs Ministries Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $122K in total revenue.
Is Ihs Ministries Inc a good charity?
Based on the provided data, Ihs Ministries Inc appears to be a financially sound charity with strong asset growth, zero liabilities, and highly efficient operations, as evidenced by 0% officer compensation and expenses consistently lower than revenue.
How does Ihs Ministries Inc manage its finances?
The organization manages its finances very conservatively, consistently accumulating assets (from $1.68M in 2014 to $2.71M in 2023) and maintaining zero liabilities, indicating strong financial health and risk aversion.
What is the trend in Ihs Ministries Inc's revenue?
Ihs Ministries Inc's revenue has been highly volatile, peaking at $417,060 in 2020 and declining to $148,700 in 2023, after a negative revenue period in 2014. This suggests an inconsistent funding stream.
Does Ihs Ministries Inc pay its officers?
No, the IRS 990 filings consistently report 0% officer compensation, suggesting a volunteer-led or very low-cost leadership structure.
Filing History
IRS 990 filing history for Ihs Ministries Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Ihs Ministries Inc's revenue has declined by 59.6%, moving from $368K to $149K. Total assets increased by 24.3% over the same period, from $2.2M to $2.7M. Total functional expenses fell by 66.8%, from $303K to $101K. In its most recent filing year (2023), Ihs Ministries Inc reported a surplus of $48K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $149K | $101K | $2.7M | $0 | — | — |
| 2022 | $196K | $134K | $2.7M | $0 | — | View 990 |
| 2021 | $365K | $100K | $2.6M | $0 | — | View 990 |
| 2020 | $417K | $139K | $2.3M | $0 | — | — |
| 2019 | $151K | $122K | $2.1M | $0 | — | View 990 |
| 2018 | $253K | $270K | $2.0M | $0 | — | View 990 |
| 2017 | $162K | $178K | $2.1M | $0 | — | — |
| 2016 | $322K | $91K | $2.1M | $0 | — | View 990 |
| 2015 | $205K | $50K | $1.8M | $0 | — | View 990 |
| 2014 | $-11,732 | $45K | $1.7M | $0 | — | View 990 |
| 2013 | $189K | $226K | $1.7M | $0 | — | View 990 |
| 2012 | $159K | $222K | $2.0M | $272K | — | View 990 |
| 2011 | $368K | $303K | $2.2M | $348K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $149K, expenses of $101K, and assets of $2.7M (revenue -24.2% year-over-year).
- 2022: Revenue of $196K, expenses of $134K, and assets of $2.7M (revenue -46.3% year-over-year).
- 2021: Revenue of $365K, expenses of $100K, and assets of $2.6M (revenue -12.4% year-over-year).
- 2020: Revenue of $417K, expenses of $139K, and assets of $2.3M (revenue +175.4% year-over-year).
- 2019: Revenue of $151K, expenses of $122K, and assets of $2.1M (revenue -40.2% year-over-year).
- 2018: Revenue of $253K, expenses of $270K, and assets of $2.0M (revenue +56.5% year-over-year).
- 2017: Revenue of $162K, expenses of $178K, and assets of $2.1M (revenue -49.7% year-over-year).
- 2016: Revenue of $322K, expenses of $91K, and assets of $2.1M (revenue +57.1% year-over-year).
- 2015: Revenue of $205K, expenses of $50K, and assets of $1.8M.
- 2014: Revenue of $-11,732, expenses of $45K, and assets of $1.7M (revenue -106.2% year-over-year).
- 2013: Revenue of $189K, expenses of $226K, and assets of $1.7M (revenue +18.9% year-over-year).
- 2012: Revenue of $159K, expenses of $222K, and assets of $2.0M (revenue -56.9% year-over-year).
- 2011: Revenue of $368K, expenses of $303K, and assets of $2.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ihs Ministries Inc:
Data Sources and Methodology
This transparency report for Ihs Ministries Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.