Hearts of Christ Childrens Ministry

Analysis

Hearts of Christ Childrens Ministry is a registered charity in United States, based in Morristown, TN. It received its IRS tax-exemption ruling in August 2003, 23 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2023, Hearts of Christ Childrens Ministry reported income of $288k and spending of $322k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $361k to $288k (-20%), an average of -5.5% a year. The sharpest change came in the year to December 2020, when income dropped by 24%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hearts of Christ Childrens Ministry sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 62nd percentile within TN. Charities of a similar size with the same main cause include 4 N I N E Place ($288k), Opening Doors for Women in Need ($288k) and Family Lines ($288k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $303k against liabilities of $0, net assets of $303k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.