Compassionate Heart Ministries
Analysis
Compassionate Heart Ministries is a registered charity in United States, based in Zeeland, MI. It received its IRS tax-exemption ruling in August 2006, 20 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, Compassionate Heart Ministries reported income of $847k and spending of $716k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $753k to $847k (+13%), an average of +3.0% a year. The sharpest change came in the year to December 2021, when income rose by 58%. Over the whole period it spent 80% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Compassionate Heart Ministries sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within MI. Charities of a similar size with the same main cause include Baxter Day Service Center Inc ($847k), Jefferson Defrees Family Center ($847k) and Womens Rural Advocacy Programs ($847k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 9.2% of the total. Compensation of current officers, directors and key employees was $149k (21% of expenses). Other salaries and wages came to $241k. At year end it held assets of $3.7m against liabilities of $4,189, net assets of $3.7m. It reported 32 employees.
Income and spending
Where the income comes from
- Contributions & grants 91%
- Program services 9.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Baxter Day Service Center Inc | Mountain Home | $847k |
| Jefferson Defrees Family Center | Warren | $847k |
| Womens Rural Advocacy Programs | Marshall | $847k |
| Art of Yoga Project | Palo Alto | $847k |