Halifax Urban Ministries 



The information on this page was last updated 8/13/2026. If you see errors or omissions, please email: [email protected]
Summary
Halifax Urban Ministries, established in 1981, is a faith-based nonprofit dedicated to addressing food and housing insecurity in Volusia and Flagler counties.
Contact information
Mailing address:
Halifax Urban Ministries
1340 Wright Street
Daytona Beach, FL 32117
Website: halifaxurbanministries.org
Phone: (386) 317-5886
Email: [email protected]
Organization details
EIN: 592093922
CEO/President: Roy Young
Chairman: Clint Bagwell
Board size: 10
Founder:
Ruling year: 1983
Tax deductible: Yes
Fiscal year end: 12/31
Member of ECFA: No
Member of ECFA since:
Purpose
To create a compassionate community where every individual facing homelessness or hardship has the resources, support, and opportunity to achieve self-sufficiency and lasting stability, driven by dignity, care, and hope.
Mission statement
The mission of Halifax Urban Ministries (HUM) is to instill hope in those who are homeless or at risk of becoming homeless by meeting needs and helping achieve self-sufficiency.
Statement of faith
Donor confidence score

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Transparency grade
D
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Rescue Missions/Homeless Shelters
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | ![]() ![]() ![]() ![]() | 351 of 1472 | 52 of 167 |
| Fund acquisition rating | ![]() ![]() ![]() ![]() | 448 of 1472 | 46 of 167 |
| Resource allocation rating | ![]() ![]() ![]() ![]() ![]() | 104 of 1472 | 15 of 167 |
| Asset utilization rating | ![]() ![]() | 1028 of 1473 | 123 of 167 |
According to the organization's Form 990, it received $2,619,427 in government grants in 2024.
To understand our financial efficiency ratings, click here.
Financial ratios
| Funding ratios | Sector median | 2024 | 2023 | 2022 | 2021 | 2020 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 10% | 5% | 4% | 5% | 7% | 4% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 8% | 4% | 4% | 4% | 6% | 3% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 93% | 85% | 90% | 89% | 89% | 88% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 9% | 4% | 5% | 5% | 6% | 4% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 7% | 15% | 10% | 11% | 11% | 12% |
| Operating ratios | Sector median | 2024 | 2023 | 2022 | 2021 | 2020 |
Program expense ratio Program expense ratio = Program services / Total expenses | 81% | 93% | 92% | 90% | 91% | 92% |
Spending ratio Spending ratio = Total expenses / Total revenue | 96% | 101% | 76% | 87% | 96% | 98% |
Program output ratio Program output ratio = Program services / Total revenue | 78% | 94% | 69% | 78% | 87% | 90% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 4% | -1% | 24% | 13% | 4% | 2% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 3% | -1% | 16% | 8% | 2% | 1% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 9% | 2% | 3% | 5% | 3% | 5% |
| Investing ratios | Sector median | 2024 | 2023 | 2022 | 2021 | 2020 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.54 | 0.52 | 0.45 | 0.48 | 0.48 | 0.67 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 3.09 | 5.64 | 5.49 | 3.79 | 3.50 | 4.20 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 2.11 | 2.92 | 2.50 | 1.84 | 1.68 | 2.83 |
| Liquidity ratios | Sector median | 2024 | 2023 | 2022 | 2021 | 2020 |
Current ratio Current ratio = Total current assets / Total current liabilities | 10.28 | 3.92 | 2.28 | 3.42 | 4.19 | 4.40 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.09 | 0.26 | 0.44 | 0.29 | 0.24 | 0.23 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 5.09 | 3.06 | 2.70 | 4.62 | 5.45 | 3.28 |
| Solvency ratios | Sector median | 2024 | 2023 | 2022 | 2021 | 2020 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 9% | 5% | 8% | 8% | 7% | 5% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 0% | 0% | 0% | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 149% | 184% | 202% | 190% | 195% | 141% |
Financials
| Balance sheet | |||||
| Assets | 2024 | 2023 | 2022 | 2021 | 2020 |
| Cash | $282,289 | $283,734 | $741,758 | $448,781 | $566,994 |
| Receivables, inventories, prepaids | $247,066 | $267,847 | $123,842 | $199,258 | $143,961 |
| Short-term investments | $1,023,566 | $1,109,373 | $1,126,718 | $1,363,574 | $897,594 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $1,552,921 | $1,660,954 | $1,992,318 | $2,011,613 | $1,608,549 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Fixed assets | $7,195,474 | $7,458,520 | $5,446,043 | $5,026,443 | $5,140,245 |
| Other long-term assets | $6,768 | $7,021 | $120,379 | $1,217 | $10,886 |
| Total long-term assets | $7,202,242 | $7,465,541 | $5,566,422 | $5,027,660 | $5,151,131 |
| Total assets | $8,755,163 | $9,126,495 | $7,558,740 | $7,039,273 | $6,759,680 |
| Liabilities | 2024 | 2023 | 2022 | 2021 | 2020 |
| Payables and accrued expenses | $141,087 | $334,832 | $185,878 | $143,365 | $96,619 |
| Other current liabilities | $255,272 | $394,076 | $396,304 | $337,030 | $269,125 |
| Total current liabilities | $396,359 | $728,908 | $582,182 | $480,395 | $365,744 |
| Debt | $0 | $0 | $0 | $0 | $0 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $0 | $0 | $5,112 | $0 | $0 |
| Total long-term liabilities | $0 | $0 | $5,112 | $0 | $0 |
| Total liabilities | $396,359 | $728,908 | $587,294 | $480,395 | $365,744 |
| Net assets | 2024 | 2023 | 2022 | 2021 | 2020 |
| Without donor restrictions | $8,216,256 | $8,237,587 | $6,971,446 | $6,540,333 | $6,358,056 |
| With donor restrictions | $142,548 | $160,000 | $0 | $18,545 | $35,880 |
| Net assets | $8,358,804 | $8,397,587 | $6,971,446 | $6,558,878 | $6,393,936 |
| Revenues and expenses | |||||
| Revenue | 2024 | 2023 | 2022 | 2021 | 2020 |
| Total contributions | $3,811,483 | $4,958,011 | $3,752,914 | $3,107,501 | $4,066,661 |
| Program service revenue | $67,672 | $63,658 | $57,987 | $29,375 | $25,006 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $65,629 | ($9,730) | ($23,628) | $1,353 | $32,657 |
| Other revenue | $541,160 | $480,740 | $418,763 | $368,002 | $515,284 |
| Total other revenue | $674,461 | $534,668 | $453,122 | $398,730 | $572,947 |
| Total revenue | $4,485,944 | $5,492,679 | $4,206,036 | $3,506,231 | $4,639,608 |
| Expenses | 2024 | 2023 | 2022 | 2021 | 2020 |
| Program services | $4,229,223 | $3,802,422 | $3,299,497 | $3,055,212 | $4,166,504 |
| Management and general | $110,683 | $132,883 | $177,125 | $102,206 | $219,793 |
| Fundraising | $195,538 | $212,098 | $189,171 | $212,707 | $160,726 |
| Total expenses | $4,535,444 | $4,147,403 | $3,665,793 | $3,370,125 | $4,547,023 |
| Change in net assets | 2024 | 2023 | 2022 | 2021 | 2020 |
| Surplus (deficit) | ($49,500) | $1,345,276 | $540,243 | $136,106 | $92,585 |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | ($49,500) | $1,345,276 | $540,243 | $136,106 | $92,585 |
Compensation
Compensation data for this ministry has not been collected.
Response from ministry
No response has been provided by this ministry.
The information below was provided to MinistryWatch by the ministry itself. It was last updated 8/13/2026. To update the information below, please email: [email protected]
History
Leaders of local churches and synagogues came together to meet the needs of those experiencing economic hardship. By first feeding the homeless in local parks, demand and the need grew to obtain a building for a hot meal program and expanded services. The organization has grown over the years from an initial budget of $27,000 to a current budget of $3.4 million.
Support comes from individuals, churches, foundations, businesses, and government funding. Although much support comes from the faith community, our work to help people in the community is non-sectarian. Services are offered to anyone in need and do not require participation in any sectarian activities to receive service.
HUM has grown to be the area's largest provider of food, shelter and basic services to low income households.
