Passionate Heart Ministries Inc

Analysis

Passionate Heart Ministries Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in September 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Passionate Heart Ministries Inc reported income of $81k and spending of $73k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $29k to $81k (+180%), an average of +180% a year. The sharpest change came in the year to December 2023, when income rose by 180%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Passionate Heart Ministries Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 35th percentile within FL. Charities of a similar size with the same main cause include Chances of Stone County Inc ($81k), Saratoga County Community Residential Project Inc ($81k) and This Star Wont Go Out Inc ($81k).

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 $23k against liabilities of $5,369, net assets of $17k.