Heits Point Lutheran Ministries Inc

Analysis

Heits Point Lutheran Ministries Inc is a registered charity in United States, based in Lincoln, MO. 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, Heits Point Lutheran Ministries Inc reported income of $459k and spending of $458k, spending 100% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $420k to $459k (+9.3%), an average of +3.0% a year. The sharpest change came in the year to December 2021, when income rose by 61%. Over the whole period it spent 117% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Heits Point Lutheran Ministries Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 66th percentile within MO. Charities of a similar size with the same main cause include Front Line Ministries Inc ($459k), Mineral Wells Center of Life ($459k) and God Movement Inc ($459k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 34% and program service revenue 62% of the total. Compensation of current officers, directors and key employees was $24k (5.3% of expenses). Other salaries and wages came to $120k. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m. It reported 20 employees.