Heartlight Ministries

Analysis

Heartlight Ministries is a registered charity in United States, based in Longview, TX. It received its IRS tax-exemption ruling in February 1989, 37 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Heartlight Ministries reported income of $4.4m and spending of $4.4m, spending 99% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $3.9m to $4.4m (+13%), an average of +3.1% a year. The sharpest change came in the year to August 2021, when income rose by 21%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Heartlight Ministries sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 94th percentile within TX. Charities of a similar size with the same main cause include Beyond Blessed Pantry ($4.4m), Coosa Valley Youth Services Inc ($4.4m) and Down Home Ranch Inc ($4.4m).

On its Form 990 for the period ending August 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $149k (3.4% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $1.5m against liabilities of $216k, net assets of $1.3m. It reported 75 employees.