Fathers Heart Ministries

Analysis

Fathers Heart Ministries is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in June 1998, 28 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 2023, Fathers Heart Ministries reported income of $1.9m and spending of $1.9m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $957k to $1.9m (+102%), an average of +19% a year. The sharpest change came in the year to December 2020, when income rose by 63%. Over the whole period it spent 96% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Fathers Heart Ministries sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 82nd percentile within NY. Charities of a similar size with the same main cause include Real Life Catholic ($1.9m), Hopegivers International Inc ($1.9m) and Church on the Move International Inc ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 4.1% of the total. Compensation of current officers, directors and key employees was $156k (8.2% of expenses). Other salaries and wages came to $272k. At year end it held assets of $2.1m against liabilities of $47k, net assets of $2.1m. It reported 14 employees.