From His Heart Ministries
Analysis
From His Heart Ministries is a registered charity in United States, based in Texarkana, TX. It received its IRS tax-exemption ruling in April 2005, 21 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 June 2024, From His Heart Ministries reported income of $2.6m and spending of $2.7m, spending 103% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.5m to $2.6m (+77%), an average of +15% a year. The sharpest change came in the year to June 2021, when income rose by 52%. 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, From His Heart Ministries sits at the 97th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 91st percentile within TX. Charities of a similar size with the same main cause include Good Samaritan Baptist Missions Inc ($2.6m), Christian Research Institute Inc ($2.6m) and Cathedral Center Inc ($2.6m).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% and program service revenue 0.6% of the total. Compensation of current officers, directors and key employees was $118k (4.5% of expenses). Other salaries and wages came to $178k. It paid $107k in professional fundraising fees. At year end it held assets of $1.2m against liabilities of $187k, net assets of $1.0m. It reported 8 employees.
Income and spending
Where the income comes from
- Contributions & grants 99%
- Program services 0.6%
- Other 0.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Good Samaritan Baptist Missions Inc | Villa Rica | $2.6m |
| Christian Research Institute Inc | Charlotte | $2.6m |
| Cathedral Center Inc | Milwaukee | $2.6m |
| Powercross | Statesville | $2.6m |