Big Heart Ministries

Analysis

Big Heart Ministries is a registered charity in United States, based in Pharr, TX. It received its IRS tax-exemption ruling in November 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 2022, Big Heart Ministries reported income of $556k and spending of $512k, spending 92% of its income. Across the 2 years on record, from December 2021 to December 2022, income grew from $478k to $556k (+16%), an average of +16% a year. The sharpest change came in the year to December 2022, when income rose by 16%. Over the whole period it spent 91% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Big Heart Ministries sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 76th percentile within TX. Charities of a similar size with the same main cause include Amy for Africa ($556k), Hyssong Family Ministries ($556k) and Korean Evangelical Church of Washington ($556k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $42k (8.2% of expenses). At year end it held assets of $187k against liabilities of $0, net assets of $187k.