Fathers Heart Ministries Inc
Analysis
Fathers Heart Ministries Inc is a registered charity in United States, based in Penn, PA. It received its IRS tax-exemption ruling in March 2010, 16 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 Inc reported income of $240k and spending of $353k, spending 147% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $333k to $240k (-28%), an average of -7.8% a year. The sharpest change came in the year to December 2023, when income dropped by 34%. Over the whole period it spent 108% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Fathers Heart Ministries Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 55th percentile within PA. Charities of a similar size with the same main cause include Jesus Church ($240k), Bridge Ministries of Laredo Inc ($240k) and Spirit Juice Entertainment Group NFP ($240k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $88k (25% of expenses). At year end it held assets of $159k against liabilities of $62k, net assets of $97k. It reported 13 employees.
Income and spending
Where the income comes from
- Contributions & grants 11%
- Program services 82%
- Other 6.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Jesus Church | McLean | $240k |
| Bridge Ministries of Laredo Inc | Laredo | $240k |
| Spirit Juice Entertainment Group NFP | Orland Park | $240k |
| Shepherds Way | Eugene | $240k |