Heritage House Ministries Inc

Analysis

Heritage House Ministries Inc is a registered charity in United States, based in Panama City, FL. It received its IRS tax-exemption ruling in December 2001, 25 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, Heritage House Ministries Inc reported income of $108k and spending of $152k, spending 141% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $73k to $108k (+48%), an average of +10% a year. The sharpest change came in the year to December 2020, when income rose by 111%. Over the whole period it spent 83% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Heritage House 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 43rd percentile within FL. Charities of a similar size with the same main cause include United Bible Center ($108k), Durihana USA Inc ($108k) and Islamic Institute of Atlanta Inc ($108k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $117k against liabilities of $0, net assets of $117k.