Take Heart Missions Inc

Analysis

Take Heart Missions Inc is a registered charity in United States, based in Stanfield, NC. It received its IRS tax-exemption ruling in June 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Take Heart Missions Inc reported income of $153k and spending of $144k, spending 94% of its income. Across the 4 years on record, from December 2019 to December 2023, income fell from $270k to $153k (-43%), an average of -17% a year. The sharpest change came in the year to December 2022, when income dropped by 36%. Over the whole period it spent 106% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Take Heart Missions Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 45th percentile within NC. Charities of a similar size with the same main cause include Kauai North Shore Food Pantry ($153k), Ability to Include Inc ($153k) and Anne Wigton Wagner and Harris N Wagner Jr Charitable Trust ($153k).

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 $185k against liabilities of $0, net assets of $185k.