Heart to Heart Inc a Catholic Media Ministry

Analysis

Heart to Heart Inc a Catholic Media Ministry is a registered charity in United States, based in Barrington, IL. It received its IRS tax-exemption ruling in May 2020, 6 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, Heart to Heart Inc a Catholic Media Ministry reported income of $201k and spending of $122k, leaving 39% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $165k to $201k (+22%), an average of +5.0% a year. The sharpest change came in the year to December 2023, when income rose by 111%. Over the whole period it spent 71% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Heart to Heart Inc a Catholic Media Ministry sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 54th percentile within IL. Charities of a similar size with the same main cause include Hope 4 Venezuela ($201k), Indiana Biblical Counseling Center Inc ($201k) and St James Parish Foundation Inc ($201k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $166k against liabilities of $538, net assets of $165k.