Blue Heart Missions Inc

Analysis

Blue Heart Missions Inc is a registered charity in United States, based in Ocala, FL. It received its IRS tax-exemption ruling in April 2016, 10 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, Blue Heart Missions Inc reported income of $721k and spending of $701k, spending 97% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $533k to $721k (+35%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 54%. Over the whole period it spent 96% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Blue Heart Missions Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 77th percentile within FL. Charities of a similar size with the same main cause include Sri Kamakshi Community Center Inc ($720k), Norwalk Area Ministerial Association ($721k) and Randy & Renee Clark Ministries Inc ($720k).

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 $26k (3.7% of expenses). At year end it held assets of $294k against liabilities of $0, net assets of $294k.