Hearts of Jesus and Mary Ministries

Analysis

Hearts of Jesus and Mary Ministries is a registered charity in United States, based in Simpsonville, SC. It received its IRS tax-exemption ruling in September 2015, 11 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, Hearts of Jesus and Mary Ministries reported income of $63k and spending of $80k, spending 126% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $214k to $63k (-70%), an average of -26% a year. The sharpest change came in the year to December 2022, when income rose by 202%. Over the whole period it spent 63% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Hearts of Jesus and Mary Ministries sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 31st percentile within SC. Charities of a similar size with the same main cause include Kingdom Flame International ($63k), Bridges Foundation Inc ($63k) and American Friends of Agudath Athava Veahva ($63k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $20k (25% of expenses). At year end it held assets of $517k against liabilities of $0, net assets of $517k.