Quick charity verification for Caring For The Heart Ministries (EIN: 204922863)
Verdict: Caring For The Heart Ministries appears trustworthy
85/100Mission Score
$162KRevenue
$239KAssets
1Red Flags
5Strengths
Red Flags
Lack of detailed program vs. administrative vs. fundraising expense breakdown in provided data, making precise efficiency analysis difficult.
Strengths
Consistent positive net income in recent years (e.g., $44,717 in 2023, $15,231 in 2022).
0% officer compensation reported across all available filings, indicating high dedication of funds to mission.
Steady growth in assets, reaching $304,181 in 2023, demonstrating financial health.
Very low liabilities, consistently under $20,000, indicating strong financial management.
Robust filing history with 13 IRS 990 filings, showing consistent compliance and transparency.
Spending Breakdown
How Caring For The Heart Ministries allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Caring For The Heart Ministries
Is Caring For The Heart Ministries a legitimate charity?
Based on AI analysis of IRS 990 filings, Caring For The Heart Ministries (EIN: 204922863) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.
Is Caring For The Heart Ministries a good charity to donate to?
Caring For The Heart Ministries has a Mission Score of 85/100. Revenue: $162K. Assets: $239K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Caring For The Heart Ministries?
The Employer Identification Number (EIN) for Caring For The Heart Ministries is 204922863. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Caring For The Heart Ministries spend its money?
Caring For The Heart Ministries allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Caring For The Heart Ministries's tax-exempt status?
You can verify Caring For The Heart Ministries's tax-exempt status using EIN 204922863 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Caring For The Heart Ministries demonstrates consistent financial activity, with revenues and expenses generally in the range of $190,000 to $290,000 over the past decade. The organization has shown a positive net income in recent years, with revenue exceeding expenses by $44,717 in 2023 and $15,231 in 2022, contributing to a steady growth in assets, reaching $304,181 in 2023. This indicates a stable financial position and an ability to cover its operational costs.
The organization's spending efficiency appears strong, particularly given the consistent reporting of 0% officer compensation across all available filings. This suggests that a very high proportion of funds are directed towards program services and operational costs rather than executive salaries. While specific breakdowns of program, administrative, and fundraising expenses are not provided in the summary data, the absence of officer compensation is a positive indicator for donor confidence. The organization's liabilities have remained very low, consistently under $20,000 and often under $5,000, which further underscores financial prudence.
In terms of transparency, the organization has a robust filing history with 13 filings, indicating consistent compliance with IRS reporting requirements. The consistent reporting of 0% officer compensation is a key transparency point, clearly showing that no funds are allocated to executive salaries. To further enhance transparency, a detailed breakdown of program, administrative, and fundraising expenses would provide a clearer picture of how the remaining funds are allocated.