Heart of God Ministries Inc

Analysis

Heart of God Ministries Inc is a registered charity in United States, based in Stuart, FL. It received its IRS tax-exemption ruling in November 2000, 26 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 December 2023, Heart of God Ministries Inc reported income of $479k and spending of $331k, leaving 31% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $224k to $479k (+113%), an average of +21% a year. The sharpest change came in the year to December 2021, when income rose by 76%. Over the whole period it spent 90% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Heart of God Ministries Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 72nd percentile within FL. Charities of a similar size with the same main cause include Congregation Aish Tamid of Los Angeles ($478k), Tentmakers ($479k) and Hindu Welfare Association of New York Inc ($478k).

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 $72k (22% of expenses). At year end it held assets of $287k against liabilities of $20k, net assets of $267k. It reported 2 employees.