Transforming Hearts Ministries Inc

Analysis

Transforming Hearts Ministries Inc is a registered charity in United States, based in Redding, CA. It received its IRS tax-exemption ruling in July 2009, 17 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, Transforming Hearts Ministries Inc reported income of $157k and spending of $153k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $135k to $157k (+16%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 92% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Transforming Hearts Ministries 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 48th percentile, and in the 50th percentile within CA. Charities of a similar size with the same main cause include Live Differently Ministries ($157k), Victory Center Bible Conference ($157k) and Wayfinder Collective Inc ($157k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 86% of the total. At year end it held assets of $122k against liabilities of $0, net assets of $122k.