Adventures of the Heart Ministries Inc

Analysis

Adventures of the Heart Ministries Inc is a registered charity in United States, based in P C Beach, FL. It received its IRS tax-exemption ruling in December 2001, 25 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, Adventures of the Heart Ministries Inc reported income of $826k and spending of $810k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $722k to $826k (+14%), an average of +3.4% a year. The sharpest change came in the year to December 2021, when income rose by 28%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Adventures of the Heart Ministries Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 79th percentile within FL. Charities of a similar size with the same main cause include Root Cause Coalition ($826k), Defenders of Children ($826k) and Realism Is Loyalty ($826k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $442k (55% of expenses). At year end it held assets of $1.8m against liabilities of $0, net assets of $1.8m. It reported 2 employees.