Hearts Desire Ministries Inc

Analysis

Hearts Desire Ministries Inc is a registered charity in United States, based in Bryson City, NC. It received its IRS tax-exemption ruling in November 2004, 22 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 Desire Ministries Inc reported income of $86k and spending of $90k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $97k to $86k (-11%), an average of -11% a year. Over the whole period it spent 94% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Hearts Desire Ministries Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 31st percentile within NC. Charities of a similar size with the same main cause include Duc Phuoc Temple-Chua Duc Phuoc ($86k), Golden Spread Emmaus Community ($86k) and Live Church Solutions ($86k).

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 $43k against liabilities of $0, net assets of $43k.