Wounded Hearts Ministry

Analysis

Wounded Hearts Ministry is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in October 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Wounded Hearts Ministry reported income of $137k and spending of $138k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $145k to $137k (-6.0%), an average of -6.0% a year. Over the whole period it spent 88% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Wounded Hearts Ministry sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 48th percentile within TX. Charities of a similar size with the same main cause include Vaad Ho-Ir of Columbus Ohio Inc ($137k), Vien Giac Buddhist Monastery Inc ($137k) and Crestview Christian Homeschool Academy Inc ($137k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 25% of the total. At year end it held assets of $97k against liabilities of $0, net assets of $97k.