Turning the Hearts Ministries

Analysis

Turning the Hearts Ministries is a registered charity in United States, based in Addy, WA. It received its IRS tax-exemption ruling in November 2014, 12 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Turning the Hearts Ministries reported income of $192k and spending of $167k, spending 87% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $251k to $192k (-24%), an average of -8.6% a year. The sharpest change came in the year to December 2023, when income dropped by 36%. Over the whole period it spent 55% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Turning the Hearts Ministries sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 50th percentile within WA. Charities of a similar size with the same main cause include Pipeline Ministries Inc ($192k), Iglesia Vida a Las Naciones ($192k) and Clark Copeland Ministries ($192k).

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 $481k against liabilities of $4,534, net assets of $476k.