One Heart Ministries Inc

Analysis

One Heart Ministries Inc is a registered charity in United States, based in Conyers, GA. It received its IRS tax-exemption ruling in April 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 July 2023, One Heart Ministries Inc reported income of $484k and spending of $549k, spending 113% of what it took in. Across the 4 years on record, from July 2020 to July 2023, income grew from $392k to $484k (+24%), an average of +7.3% a year. The sharpest change came in the year to July 2022, when income rose by 75%. Over the whole period it spent 107% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, One Heart Ministries Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 73rd percentile within GA. Charities of a similar size with the same main cause include Iglesia de Cristo Casa de Jubilo ($484k), First Fruits Ministries Inc ($484k) and Gateway Empowerment Inc ($484k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 57% and program service revenue 43% of the total. Compensation of current officers, directors and key employees was $78k (14% of expenses). Other salaries and wages came to $25k. At year end it held assets of $13k against liabilities of $24k, net assets of -$11k. It reported 4 employees.