Overview
What is His Compassion Inc?
His Compassion Inc is a faith-based nonprofit organization located in Ocala. Their mission encompasses both discipleship and food assistance for those in need. Through biblical instruction and life skills training, they aim to uplift individuals spiritually, while their food pantry program offers essential sustenance. The organization raises donations to help supply food and resources for their cause.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
His Compassion Inc has received a two-star rating from Charity Navigator, indicating that there are concerns regarding its financial practices and overall accountability. While the organization excels in areas such as having a fully independent board and a strong program expense ratio, it struggles significantly with fundraising efficiency and financial stability, as evidenced by its high liabilities to assets ratio and minimal working capital.
The organization demonstrates solid governance practices, with a conflict of interest policy, whistleblower policy, and thorough documentation of board meeting minutes, all receiving top marks. This suggests that the leadership is committed to maintaining transparency and ethical oversight. However, the financial health indicators raise red flags, making it critical for the organization to address these issues to improve donor confidence and operational viability.
Overall, while His Compassion Inc shows strengths in governance and program execution, its troubling financial ratios and fundraising capabilities need urgent attention. Addressing these limitations can help the organization enhance its sustainability and impact in the community it serves.
This AI summary has been generated from information found on Charity Navigator.
Is His Compassion Inc legitimate?
His Compassion Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. His Compassion Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of His Compassion Inc?
His Compassion Inc is a ministry dedicated to discipleship and aiding those in need. Through the collection of donations, the organization provides essential food assistance to those who are struggling. In addition, they offer biblical instruction and life skills training to help individuals grow and develop. The mission of His Compassion Inc is to make a meaningful impact on people's lives by addressing both their physical and spiritual needs. The organization aims to create a supportive community where individuals can learn and grow, ultimately leading to improved quality of life.
Who is the CEO of His Compassion Inc?
Dan Moates is the Pres of His Compassion Inc.
What is the revenue of His Compassion Inc?
His Compassion Inc's revenue in 2020 was $25,180,608.
Who are the executives of His Compassion Inc and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for His Compassion Inc?
His Compassion Inc's most recent form 990 was submitted in 2020 and can be accessed here.
Mission Statement of His Compassion Inc
His Compassion Inc, a Christ-centered ministry, is dedicated to making a difference in people's lives through discipleship, food assistance, and life skills training. The organization's primary focus is on providing essential resources to those in need while also fostering spiritual growth through biblical instruction.
The mission of His Compassion Inc is twofold. On one hand, it addresses the physical needs of individuals by soliciting donations to establish a food pantry. This food pantry provides much-needed sustenance to those suffering from food insecurity. On the other hand, the ministry offers a valuable opportunity for spiritual development by delivering biblical teachings and life skills training.
His Compassion Inc's commitment to discipleship extends beyond just providing food assistance. By offering life skills training, the organization equips individuals with the necessary tools to improve their overall well-being. This comprehensive approach not only addresses immediate needs but also empowers individuals to build a better future for themselves and their families.
In summary, His Compassion Inc is a Christ-centered ministry that provides food assistance to the needy while fostering spiritual growth through biblical instruction and life skills training. The organization's mission is rooted in a deep commitment to making a lasting impact on people's lives.
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Impact
October, 2024
His Compassion Inc significantly impacts the community in Ocala, FL by addressing both the immediate needs for food assistance and the long-term growth potential of individuals through discipleship. By operating a food pantry, the organization provides essential food resources to those facing hardship, alleviating hunger and insecurity among vulnerable populations.
Beyond merely meeting nutritional needs, His Compassion also focuses on holistic development through biblical instruction and life skills training. This dual approach not only nourishes the body but also empowers individuals with valuable knowledge and skills. Participants can learn essential life skills that foster self-sufficiency, while the biblical teachings offer spiritual guidance and moral support.
The integration of these services creates a supportive environment where individuals are not only fed, but also encouraged and equipped to improve their circumstances. As a result, His Compassion Inc plays a vital role in enhancing the overall well-being of the community it serves, fostering both immediate relief and sustainable change.
This information is meant to be a general summary of His Compassion Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2020.
- Gross Receipts: $25,180,608
Assets and Liabilities:
- Total Assets: $200,763
- Total Liabilities: $180,000
- Net Assets: $20,763
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Organization Details
Founding Year
2014
Principal Officer
Dan Moates
Main Address
3947 N HWY 441, Ocala, FL, 34475
NTEE Category
Code: P80 - Human services
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