Healing Hearts Ministries
EIN: 300541923 · Uppr Marlboro, MD · NTEE: X20
| Metric | Value |
|---|---|
| Total Revenue | $290K |
| Total Expenses | $99K |
| Net Assets | $116K |
Is Healing Hearts Ministries Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Healing Hearts Ministries
Healing Hearts Ministries (EIN: 300541923) is a nonprofit organization based in Uppr Marlboro, MD, classified under NTEE code X20. The organization reported total revenue of $290K and total assets of $116K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Healing Hearts Ministries's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Healing Hearts Ministries is a small nonprofit that has been operating for 4 years, with 2 years of IRS 990 filings on record (2021–2022). Revenue has grown at a compound annual rate of -15.7%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $290K |
| Total Expenses | $99K |
| Surplus / Deficit | +$190K |
| Total Assets | $116K |
| Net Assets | $116K |
| Operating Margin | 65.7% |
| Months of Reserves | 14.0 months |
Financial Health Grade: A
In 2022, Healing Hearts Ministries reported a surplus of $190K with revenue exceeding expenses, holds 14.0 months of operating reserves (strong position).
Financial Trends
Over 2 years of filings (2021–2022), Healing Hearts Ministries's revenue has declined at a compound annual growth rate (CAGR) of -15.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -15.7% | -47.7% | -4.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Healing Hearts Ministries has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Healing Hearts Ministries with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $190K, with revenue exceeding expenses.
Frequently Asked Questions about Healing Hearts Ministries
Is Healing Hearts Ministries a legitimate charity?
Healing Hearts Ministries (EIN: 300541923) is a registered tax-exempt nonprofit based in Maryland. It has 2 years of IRS 990 filings on record. Total revenue: $290K. No red flags identified. Financial health grade: A.
How does Healing Hearts Ministries spend its money?
Healing Hearts Ministries reported $290K in total revenue in IRS 990 filings. 2 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Healing Hearts Ministries tax-deductible?
Healing Hearts Ministries is registered as a tax-exempt nonprofit (EIN: 300541923). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Healing Hearts Ministries located?
Healing Hearts Ministries is headquartered in Uppr Marlboro, Maryland and files with the IRS under EIN 300541923. It is classified under NTEE code X20.
How many years of IRS 990 filings does Healing Hearts Ministries have?
Healing Hearts Ministries has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $290K in total revenue.
Filing History
IRS 990 filing history for Healing Hearts Ministries showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2021–2022), Healing Hearts Ministries's revenue has declined by 15.7%, moving from $344K to $290K. Total assets decreased by 4.8% over the same period, from $122K to $116K. Total functional expenses fell by 47.7%, from $190K to $99K. In its most recent filing year (2022), Healing Hearts Ministries reported a surplus of $190K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $290K | $99K | $116K | $0 | — | View 990 |
| 2021 | $344K | $190K | $122K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Healing Hearts Ministries:
Data Sources and Methodology
This transparency report for Healing Hearts Ministries is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.