One Heart Ministries

Analysis

One Heart Ministries is a registered charity in United States, based in New Cumberlnd, PA. It received its IRS tax-exemption ruling in December 1991, 35 years ago. 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 May 2023, One Heart Ministries reported income of $140k and spending of $141k, spending 100% of its income. Across the 4 years on record, from May 2020 to May 2023, income grew from $130k to $140k (+7.9%), an average of +2.6% a year. Over the whole period it spent 109% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, One Heart Ministries sits at the 45th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 43rd percentile within PA. Charities of a similar size with the same main cause include Greater Port Jefferson Arts Council Inc ($140k), National Society of the Daughters of the American Revolution ($140k) and PTA Florida Congress ($140k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 86% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $20k (14% of expenses). Other salaries and wages came to $492. At year end it held assets of $374k against liabilities of $414k, net assets of -$41k. It reported 3 employees.

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.