Young at Heart Ministries

Analysis

Young at Heart Ministries is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in November 1995, 31 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, Young at Heart Ministries reported income of $130k and spending of $130k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $116k to $130k (+12%), an average of +12% a year. Over the whole period it spent 103% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Young at Heart Ministries sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 39th percentile within NM. Charities of a similar size with the same main cause include Worship Jesus Fellowship ($130k), Urban Encounter Ministries ($130k) and Ronald Gray Ministries ($130k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $12k against liabilities of $3,694, net assets of $8,363.