Heart of the Bride Ministries Inc

Analysis

Heart of the Bride Ministries Inc is a registered charity in United States, based in Niceville, FL. It received its IRS tax-exemption ruling in November 1998, 28 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, Heart of the Bride Ministries Inc reported income of $1.1m and spending of $1.4m, spending 127% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.2m to $1.1m (-8.8%), an average of -2.3% a year. Over the whole period it spent 105% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Heart of the Bride Ministries Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 82nd percentile within FL. Charities of a similar size with the same main cause include Uprising Incorporated ($1.1m), Missionary Support Services Inc ($1.1m) and Forgotten Children Ministries ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $93k (6.6% of expenses). Other salaries and wages came to $254k. At year end it held assets of $628k against liabilities of $165k, net assets of $463k. It reported 16 employees.