Heavenly Treasures

Analysis

Heavenly Treasures is a registered charity in United States, based in Glendora, CA. It received its IRS tax-exemption ruling in January 2012, 14 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Heavenly Treasures reported income of $625k and spending of $821k, spending 131% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $796k to $625k (-21%), an average of -5.8% a year. The sharpest change came in the year to December 2022, when income dropped by 21%. Over the whole period it spent 100% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Heavenly Treasures sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 75th percentile within CA. Charities of a similar size with the same main cause include American Friends of Jerusalem Institute of Talmudic Research ($625k), Population and Development International Inc ($625k) and Africa Mercy Partners ($625k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 7.7% of the total. Compensation of current officers, directors and key employees was $94k (11% of expenses). Other salaries and wages came to $27k. At year end it held assets of $374k against liabilities of $150k, net assets of $224k. It reported 7 employees.