Straight From the Heart Ministries

Analysis

Straight From the Heart Ministries is a registered charity in United States, based in Paris, TX. It received its IRS tax-exemption ruling in October 1997, 29 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, Straight From the Heart Ministries reported income of $128k and spending of $187k, spending 146% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $167k to $128k (-24%), an average of -24% a year. The sharpest change came in the year to December 2023, when income dropped by 24%. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Straight From the Heart Ministries sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 46th percentile within TX. Charities of a similar size with the same main cause include International Equipping Missions Inc ($128k), Oswego High School All-Sports Boosters Inc ($128k) and Ceams Inc ($128k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $130k against liabilities of $1,872, net assets of $128k.