Heart of the Father Ministries

Analysis

Heart of the Father Ministries is a registered charity in United States, based in Ardmore, PA. It received its IRS tax-exemption ruling in June 2012, 14 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, Heart of the Father Ministries reported income of $662k and spending of $638k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $566k to $662k (+17%), an average of +4.0% a year. The sharpest change came in the year to December 2022, when income rose by 25%. 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, Heart of the Father Ministries sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 72nd percentile within PA. Charities of a similar size with the same main cause include W I N Ministries ($662k), So SEND I You International ($662k) and Servants International Inc ($662k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $283k (44% of expenses). Other salaries and wages came to $89k. At year end it held assets of $490k against liabilities of $0, net assets of $490k. It reported 11 employees.