Heartland Christian Broadcasters Inc

Analysis

Heartland Christian Broadcasters Inc is a registered charity in United States, based in Intl Falls, MN. It received its IRS tax-exemption ruling in June 1982, 44 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 August 2023, Heartland Christian Broadcasters Inc reported income of $351k and spending of $396k, spending 113% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $361k to $351k (-2.6%), an average of -0.7% a year. The sharpest change came in the year to August 2023, when income dropped by 28%. 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, Heartland Christian Broadcasters Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 63rd percentile within MN. Charities of a similar size with the same main cause include Elim Park Foundation Inc ($351k), Mission Printing Inc ($351k) and Freedom Path Counseling Inc ($351k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $65k (16% of expenses). Other salaries and wages came to $100k. At year end it held assets of $753k against liabilities of $7,428, net assets of $746k. It reported 6 employees.