Reclaiming Hearts Ministries

Analysis

Reclaiming Hearts Ministries is a registered charity in United States, based in Greensboro, GA. It received its IRS tax-exemption ruling in June 2011, 15 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, Reclaiming Hearts Ministries reported income of $50k and spending of $53k, spending 105% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $48k to $50k (+4.1%), an average of +4.1% a year. Over the whole period it spent 124% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Reclaiming Hearts Ministries sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 20th percentile within GA. Charities of a similar size with the same main cause include Grateful Shepherd Ministries ($50k), MSBF Ministries ($50k) and Strategic Leadership Alliance ($50k).

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 $11k against liabilities of $2,391, net assets of $8,571.