Heavenworks

Analysis

Heavenworks is a registered charity in United States, based in Granada Hills, CA. It received its IRS tax-exemption ruling in November 2002, 24 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 2022, Heavenworks reported income of $72k and spending of $80k, spending 112% of what it took in. Across the 2 years on record, from December 2021 to December 2022, income fell from $93k to $72k (-22%), an average of -22% a year. The sharpest change came in the year to December 2022, when income dropped by 22%. Over the whole period it spent 99% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Heavenworks sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 30th percentile within CA. Charities of a similar size with the same main cause include Wildstream Experiential Resources ($72k), Sri Tara Ma Mission ($72k) and Bridge of Hope Communitydevelopment Corporation ($72k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 98% of the total. At year end it held assets of $25k against liabilities of $1,304, net assets of $24k.