Servant Heart Ministries

Analysis

Servant Heart Ministries is a registered charity in United States, based in Franklin, TN. It received its IRS tax-exemption ruling in May 1985, 41 years ago. 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 2022, Servant Heart Ministries reported income of $69k and spending of $46k, leaving 33% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $62k to $69k (+12%), an average of +3.9% a year. The sharpest change came in the year to December 2021, when income rose by 50%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Servant Heart Ministries sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 26th percentile within TN. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($69k), Ptsa Michigan Congress of Parents Teachers and Students ($69k) and Cba Media and Civic Education Inc ($69k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $2,500 (5.4% of expenses). At year end it held assets of $41k against liabilities of $3,438, net assets of $38k.