Esthers Heart for Transformation Ministry Inc

Analysis

Esthers Heart for Transformation Ministry Inc is a registered charity in United States, based in Concord, NC. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Esthers Heart for Transformation Ministry Inc reported income of $329k and spending of $312k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $192k to $329k (+71%), an average of +71% a year. The sharpest change came in the year to December 2023, when income rose by 71%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Esthers Heart for Transformation Ministry Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 62nd percentile within NC. Charities of a similar size with the same main cause include The Grail ($329k), Fire Outreach of Houston ($329k) and Wedc Foundation Inc ($329k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $23k (7.5% of expenses). At year end it held assets of $76k against liabilities of $0, net assets of $76k.