Angel Hearts Childcare Ministry 2 Inc

Analysis

Angel Hearts Childcare Ministry 2 Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in October 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Angel Hearts Childcare Ministry 2 Inc reported income of $296k and spending of $293k, spending 99% of its income. Across the 4 years on record, from December 2018 to December 2023, income grew from $221k to $296k (+34%), an average of +10% a year. The sharpest change came in the year to December 2023, when income rose by 39%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Angel Hearts Childcare Ministry 2 Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within IN. Charities of a similar size with the same main cause include Altura Foundation ($296k), Friends of Ave Maria School of Law ($296k) and Literacy Network of South Berkshire Inc ($296k).

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 $32k (11% of expenses). At year end it held assets of $8,115 against liabilities of $0, net assets of $8,115.