Hart to Heart Ministries Inc

Analysis

Hart to Heart Ministries Inc is a registered charity in United States, based in Hamilton, MT. It received its IRS tax-exemption ruling in December 1984, 42 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 2023, Hart to Heart Ministries Inc reported income of $276k and spending of $297k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $104k to $276k (+165%), an average of +28% a year. The sharpest change came in the year to December 2023, when income rose by 59%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hart to Heart Ministries Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within MT. Charities of a similar size with the same main cause include Rio Grande Valley Ballet Company ($276k), Decorah Community School District Foundation ($276k) and Taiwanese American Citizens League ($276k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $928k against liabilities of $0, net assets of $928k.