Heartlight Ministries

Analysis

Heartlight Ministries is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in August 1994, 32 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Heartlight Ministries reported income of $111k and spending of $70k, leaving 37% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $67k to $111k (+65%), an average of +13% a year. The sharpest change came in the year to December 2023, when income rose by 87%. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Heartlight Ministries sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 42nd percentile within CA. Charities of a similar size with the same main cause include Art & Antiquities Blockchain Consortium Inc ($111k), Turner Farmhouse Foundation ($111k) and D-Composed Gives ($111k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% of the total. Other salaries and wages came to $8,030. At year end it held assets of $641k against liabilities of $14k, net assets of $627k. It reported 1 employees.