Charity Search / HIS WAY AT WORK
Religion-Related (X20) 990 on File

HIS WAY AT WORK

EIN: 26-2522139 · SPARTANBURG, SC 29307-4345 · United States · FY 2023 Data
3 out of 5 53 / 100 Based on 2+ years of filings
Financial strength (30%) 82/100
Reliability (20%) 50/100
Effectiveness (25%) 74/100
Impact (25%) No data yet
Financial data: FY 2023 · Scored 9/13/2026
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Financial Overview — FY 2023
$1.6M
Total Revenue
$1.5M
Total Expenses
$162K
Net Assets
9
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 80.7%
Fundraising Efficiency N/A
Operating Reserve 1.26x
Liability-to-Asset 17.4%
Revenue Diversification 92.7%
Executive Compensation $767K
Compared with Peers
FY 2023
Compared with 2,013 similar organizations (United States, Religion-Related, $1M–$10M in expenses), FY 2023.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
80.7% 86.1%
P10P90
Below median
Admin expense ratio
Management and general / total expenses · lower is better
15.8% 9.8%
P10P90
Below median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
3.6% 0.7%
P10P90
Below median
Operating reserve
Months of expenses covered by net assets · higher is better
1.3 mo 9.2 mo
P10P90
Bottom quarter
Liabilities to assets
Total liabilities / total assets · lower is better
17.4% 6.2%
P10P90
Below median
Revenue concentration
Share of revenue from the largest source · lower is better
92.7% 94.5%
P10P90
Above median
Revenue growth
Year over year revenue growth
57.9% 6.4%
P10P90
Expense growth
Year over year expense growth
48.7% 11.6%
P10P90
Surplus margin
Surplus as a share of revenue
3.7% 1.2%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2023 $1.6M $1.5M $162K 80.7% 9
2022 $1.0M $1.0M $103K 71.3% 6
2021 $893K $899K N/A — 6
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Organization Details
EIN
26-2522139
State
SC
City
SPARTANBURG
ZIP
29307-4345
Classification
X20
Category
Religion-Related
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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