Charity Search / HEART MINISTRIES INC
Human Services (P20) 990 on File

HEART MINISTRIES INC

EIN: 27-3090782 · WEST POINT, VA 23181-0000 · United States · FY 2023 Data
3 out of 5 53 / 100 Based on 2+ years of filings
Financial strength (30%) 80/100
Reliability (20%) 50/100
Effectiveness (25%) 75/100
Impact (25%) No data yet
Financial data: FY 2023 · Scored 9/13/2026
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Financial Overview — FY 2023
$1.1M
Total Revenue
$1.0M
Total Expenses
$594K
Net Assets
1
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 92.7%
Fundraising Efficiency N/A
Operating Reserve 6.95x
Liability-to-Asset 0.0%
Revenue Diversification 98.9%
Executive Compensation $53K
Compared with Peers
FY 2023
Compared with 10,320 similar organizations (United States, Human Services, $1M–$10M in expenses), FY 2023.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
92.7% 85.4%
P10P90
Top quarter
Admin expense ratio
Management and general / total expenses · lower is better
7.3% 11.4%
P10P90
Above median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.0% 0.4%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
7.0 mo 8.5 mo
P10P90
Below median
Liabilities to assets
Total liabilities / total assets · lower is better
0.0% 14.7%
P10P90
Top quarter
Revenue concentration
Share of revenue from the largest source · lower is better
98.9% 93.3%
P10P90
Below median
Revenue growth
Year over year revenue growth
-0.7% 7.5%
P10P90
Expense growth
Year over year expense growth
0.4% 10.7%
P10P90
Surplus margin
Surplus as a share of revenue
7.8% 2.0%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2023 $1.1M $1.0M $594K 92.7% 1
2022 $1.1M $1.0M $505K 95.3% 0
2021 $868K $723K N/A 0
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Organization Details
EIN
27-3090782
State
VA
City
WEST POINT
ZIP
23181-0000
Classification
P20
Category
Human Services
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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