Awakened Heart Ministries

Analysis

Awakened Heart Ministries is a registered charity in United States, based in Troy, MI. It received its IRS tax-exemption ruling in December 2008, 18 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, Awakened Heart Ministries reported income of $294k and spending of $274k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $215k to $294k (+37%), an average of +8.2% a year. The sharpest change came in the year to December 2021, when income rose by 31%. Over the whole period it spent 91% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Awakened Heart Ministries sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within MI. Charities of a similar size with the same main cause include Dancing Daughters Ministry Inc ($294k), Biblical Institute of Central America ($294k) and Gods House Ministry ($294k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 2.1% of the total. Compensation of current officers, directors and key employees was $173k (63% of expenses). Other salaries and wages came to $11k. At year end it held assets of $0 against liabilities of $0, net assets of $0. It reported 3 employees.