Shepherds Heart Christian Ministries Inc

Analysis

Shepherds Heart Christian Ministries Inc is a registered charity in United States, based in Bradenton, FL. It received its IRS tax-exemption ruling in August 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Shepherds Heart Christian Ministries Inc reported income of $486k and spending of $389k, leaving 20% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $113k to $486k (+329%), an average of +34% a year. The sharpest change came in the year to June 2020, when income rose by 136%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Shepherds Heart Christian Ministries Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within FL. Charities of a similar size with the same main cause include Florida School Music Association Inc ($486k), Des-Cpr ($486k) and Baldwin Borough Public Library ($486k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 5.6% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $57k (15% of expenses). Other salaries and wages came to $195k. At year end it held assets of $201k against liabilities of $5,028, net assets of $196k. It reported 13 employees.