Servants Heart of Mint Hill Inc

Analysis

Servants Heart of Mint Hill Inc is a registered charity in United States, based in Mint Hill, NC. It received its IRS tax-exemption ruling in August 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Servants Heart of Mint Hill Inc reported income of $1.1m and spending of $870k, leaving 20% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $553k to $1.1m (+97%), an average of +18% a year. The sharpest change came in the year to December 2020, when income rose by 53%. Over the whole period it spent 78% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Servants Heart of Mint Hill Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within NC. Charities of a similar size with the same main cause include Heart Women & Girls Project ($1.1m), Peacock Family Services ($1.1m) and AIDS Resource Group of Evansville Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% and program service revenue 49% of the total. Other salaries and wages came to $292k. At year end it held assets of $1.2m against liabilities of $172k, net assets of $984k. It reported 7 employees.