His Heart Ministries International
EIN: 61641240 · Palm Coast, FL · NTEE: X20
Is His Heart Ministries International Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About His Heart Ministries International
His Heart Ministries International (EIN: 61641240) is a nonprofit organization based in Palm Coast, FL, classified under NTEE code X20. The organization reported total revenue of $1.3M and total assets of $1.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of His Heart Ministries International's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
His Heart Ministries International is a mid-size nonprofit that has been operating for 23 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of -23.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $473K |
| Total Expenses | $350K |
| Surplus / Deficit | +$123K |
| Total Assets | $585K |
| Total Liabilities | $11K |
| Net Assets | $574K |
| Operating Margin | 25.9% |
| Debt-to-Asset Ratio | 1.9% |
| Months of Reserves | 20.0 months |
Financial Health Grade: A
In 2023, His Heart Ministries International reported a surplus of $123K with revenue exceeding expenses, holds 20.0 months of operating reserves (strong position), has a debt-to-asset ratio of 1.9% (very low leverage).
Financial Trends
Over 2 years of filings (2022–2023), His Heart Ministries International's revenue has declined at a compound annual growth rate (CAGR) of -23.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -23.4% | -2.4% | +27.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for His Heart Ministries International 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 His Heart Ministries International 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $123K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.9%.
Frequently Asked Questions about His Heart Ministries International
Is His Heart Ministries International a legitimate charity?
Based on AI analysis of IRS 990 filings, His Heart Ministries International (EIN: 61641240) insufficient data. 0 red flags identified, 0 strengths noted.
How does His Heart Ministries International spend its money?
Detailed spending breakdown data is not yet available for His Heart Ministries International. Check back for updated IRS 990 analysis.
Are donations to His Heart Ministries International tax-deductible?
His Heart Ministries International is registered as a tax-exempt nonprofit (EIN: 61641240). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for His Heart Ministries International showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), His Heart Ministries International's revenue has declined by 23.4%, moving from $618K to $473K. Total assets increased by 27.5% over the same period, from $459K to $585K. Total functional expenses fell by 2.4%, from $359K to $350K. In its most recent filing year (2023), His Heart Ministries International reported a surplus of $123K, with revenue exceeding expenses. The organization holds $11K in liabilities against $585K in assets (debt-to-asset ratio: 1.9%), resulting in net assets of $574K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $473K | $350K | $585K | $11K | — | — |
| 2022 | $618K | $359K | $459K | $3K | — | View 990 |
Data Sources and Methodology
This transparency report for His Heart Ministries International 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.