Transformed Hearts Ministries Inc

Analysis

Transformed Hearts Ministries Inc is a registered charity in United States, based in Post Falls, ID. It received its IRS tax-exemption ruling in May 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Transformed Hearts Ministries Inc reported income of $108k and spending of $109k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $100k to $108k (+7.8%), an average of +7.8% a year. Over the whole period it spent 110% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Transformed Hearts Ministries Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 38th percentile within ID. Charities of a similar size with the same main cause include Calvary Admin Services Inc ($108k), Yada Factor Inc ($108k) and Alpha Restoration and Ministries ($108k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $21k against liabilities of $2,527, net assets of $18k.