Treasures for the Heart Ministries Inc
Analysis
Treasures for the Heart Ministries Inc is a registered charity in United States, based in Winona Lake, IN. It received its IRS tax-exemption ruling in June 2007, 19 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, Treasures for the Heart Ministries Inc reported income of $76k and spending of $70k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $67k to $76k (+12%), an average of +12% a year. Over the whole period it spent 96% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Treasures for the Heart Ministries Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 27th percentile within IN. Charities of a similar size with the same main cause include Iglesia de Dios Evangelio Completo Gloria a Cristo ($76k), Pahrump Valley U-Turn for Christ ($76k) and Grace Lutheran Camp Inc ($76k).
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 $43k against liabilities of $0, net assets of $43k.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Iglesia de Dios Evangelio Completo Gloria a Cristo | Oakland | $76k |
| Pahrump Valley U-Turn for Christ | Pahrump | $76k |
| Grace Lutheran Camp Inc | Dewitt | $76k |
| Iglesia Cristiana Evangelica Resurreccion Y Vida | Houston | $76k |