Heaven S Gain Ministries

Analysis

Heaven S Gain Ministries is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in May 2017, 9 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, Heaven S Gain Ministries reported income of $197k and spending of $120k, leaving 39% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $193k to $197k (+2.1%), an average of +0.5% a year. The sharpest change came in the year to December 2023, when income dropped by 29%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Heaven S Gain Ministries sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 54th percentile within OH. Charities of a similar size with the same main cause include Casa of McKean County ($197k), River Refuge International Inc ($197k) and By Their Side Inc ($197k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 1.0% of the total. Other salaries and wages came to $49k. At year end it held assets of $232k against liabilities of $15k, net assets of $216k. It reported 7 employees.