Heartfire Missions Inc

Analysis

Heartfire Missions Inc is a registered charity in United States, based in Scottsdale, AZ. It received its IRS tax-exemption ruling in September 2018, 8 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, Heartfire Missions Inc reported income of $618k and spending of $618k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $474k to $618k (+30%), an average of +6.9% a year. The sharpest change came in the year to December 2022, when income rose by 187%. Over the whole period it spent 94% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Heartfire Missions Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 70th percentile within AZ. Charities of a similar size with the same main cause include Roanoke Gospel Outreach Center Inc ($618k), Debre Haile Kidus Gebriel Ethiopian Orthodox Tewahedo Church Inc ($618k) and Harmony Project International ($617k).

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 $11k (1.7% of expenses). Other salaries and wages came to $109k. At year end it held assets of $296k against liabilities of $59k, net assets of $237k. It reported 4 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.