Heart Consciousness Church Inc

Analysis

Heart Consciousness Church Inc is a registered charity in United States, based in Middletown, CA. It received its IRS tax-exemption ruling in April 1975, 51 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Heart Consciousness Church Inc reported income of $7.6m and spending of $7.9m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.7m to $7.6m (+103%), an average of +19% a year. The sharpest change came in the year to December 2021, when income rose by 124%. Over the whole period it spent 86% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Heart Consciousness Church Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include Freedom Fellowship ($7.6m), Loudoun Hunger Relief ($7.6m) and Abrams Hebrew Academy ($7.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.8% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $191k (2.4% of expenses). Other salaries and wages came to $2.9m. At year end it held assets of $50.5m against liabilities of $277k, net assets of $50.2m. It reported 168 employees.