Hearts Cry Childrens Ministry

Analysis

Hearts Cry Childrens Ministry is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in July 2011, 15 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 June 2023, Hearts Cry Childrens Ministry reported income of $1.6m and spending of $1.5m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $911k to $1.6m (+76%), an average of +15% a year. The sharpest change came in the year to June 2023, when income rose by 31%. Over the whole period it spent 100% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Hearts Cry Childrens Ministry sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within NC. Charities of a similar size with the same main cause include Children of Mexico Inc ($1.6m), Mission International Rescue Charities Inc ($1.6m) and American Friends of United Jewish Appeal of Greater Toronto Inc ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $40k (2.7% of expenses). Other salaries and wages came to $897k. At year end it held assets of $785k against liabilities of $51k, net assets of $734k. It reported 51 employees.