Restoration of Hearts Ministry

Analysis

Restoration of Hearts Ministry is a registered charity in United States, based in Vancouver, WA. It received its IRS tax-exemption ruling in August 2003, 23 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, Restoration of Hearts Ministry reported income of $786k and spending of $739k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $588k to $786k (+34%), an average of +7.5% a year. The sharpest change came in the year to December 2021, when income rose by 106%. Over the whole period it spent 99% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Restoration of Hearts Ministry sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within WA. Charities of a similar size with the same main cause include Cair-Nga Inc ($786k), Interfaith Welcome Coalition ($787k) and Machon Lchoson Mishpat Inc ($785k).

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 $105k against liabilities of $0, net assets of $105k.