One Heart Global Ministries

Analysis

One Heart Global Ministries is a registered charity in United States, based in Concord, NC. It received its IRS tax-exemption ruling in October 2019, 7 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 December 2023, One Heart Global Ministries reported income of $506k and spending of $703k, spending 139% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $384k to $506k (+32%), an average of +7.1% a year. The sharpest change came in the year to December 2021, when income rose by 68%. Over the whole period it spent 98% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, One Heart Global Ministries sits at the 71st percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within NC. Charities of a similar size with the same main cause include People-Centered Internet ($505k), Shining Light International ($506k) and L3 International ($504k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $30k (4.3% of expenses). At year end it held assets of $62k against liabilities of $0, net assets of $62k.