Skip to content

Kentucky · Nonprofit

HERITAGE MINISTRIES INC

HERITAGE MINISTRIES INC (Kentucky) receives grants from 2 organizations whose IRS filings report $152,620 to it, the largest being THE ROBERT E FRAZIER TRI-CITY AREA CHARITABLE FOUNDATION INC ($132,520). 1 of them have funded it in more than one year.

Revenue FY2024
$297k
Funders on record
2
Grants received
$153k
Net assets
$125k
1/2 repeat funderspeak grant-dependency 15%
01What it does

What Heritage Ministries Inc does

Mission

Home restoration rural appalachia

As stated on its FY2024 Form 990.

Program

  1. Provided surplus store for building supply need. Performed ministry related services.

    $293,585 spent
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $293,585.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($136k) Expenses 100 ($141k) Net assets 100 ($74k)2018 Revenue 108 ($147k) Expenses 118 ($167k) Net assets 74 ($54k)2019 Revenue 93 ($127k) Expenses 100 ($140k) Net assets 56 ($41k)2020 Revenue 89 ($121k) Expenses 78 ($110k) Net assets 71 ($52k)2021 Revenue 117 ($160k) Expenses 103 ($145k) Net assets 90 ($67k)2022 Revenue 177 ($241k) Expenses 130 ($183k) Net assets 168 ($124k)2023 Revenue 233 ($317k) Expenses 227 ($320k) Net assets 165 ($122k)2024 Revenue 218 ($297k) Expenses 209 ($294k) Net assets 169 ($125k)
'17'18'19'20'21'22'23'24
Revenue (218)Expenses (209)Net assets (169)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $67k to $124k (+86%).

$74k
$54k
$41k
$52k
$67k
$124k
$122k
$125k
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2022 97% · 2023 98% · 2024 99%. Grants only. Government contracts and fees sit inside program revenue.

100% of HERITAGE MINISTRIES INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (100% for the typical peer).

This organization
Typical peer · 15,288 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 8 reported years ran a deficit.

−$5k
’17
−$19k
’18
−$13k
’19
$11k
’20
$15k
’21
$57k
’22
−$2k
’23
$4k
’24
3.9
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

202220232024
Listed755
Joined·+0+0
No longer listed·20
03Who funds it

Who funds it, year by year

2017 → 2023: the base held at 1 funder, grant income rose $5k → $29k.

Funder
'17
'18
'19
'20
'21
'22
'23
'24*
'25*
total
funders
1
1
1
1
1
2
1
1
1

1 of 2 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 13% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of HERITAGE MINISTRIES INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

HERITAGE MINISTRIES INC leans on a few funders — its largest provides 87% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

87%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2017 100% · 2018 100% · 2019 100% · 2020 100% · 2021 100% · 2022 57% · 2023 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of HERITAGE MINISTRIES INC's grant income comes from Kentucky funders.

KY

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Kentucky out of state home

Funder states come from each funder’s own filing. $20k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

HERITAGE MINISTRIES INC has grown faster than half of the 12,816 religion nonprofits its size.

Operating margin1% · below the median
Months of reserve3.9mo · below the median
Revenue growth (annualized)12% · above the median

this organization peer median middle 50% of peers· 12,816 religion nonprofits $100k–$1M, FY2024

Organizations like HERITAGE MINISTRIES INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Kentucky

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

100% of spending goes to programs.

Program 100%Management 0%Fundraising 0%

Governance

8
board members
0%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Public support

92%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

KY

Screen this organization

A dated, signed PDF of the compliance screen for HERITAGE MINISTRIES INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds HERITAGE MINISTRIES INC?
HERITAGE MINISTRIES INC (Kentucky) receives grants from 2 organizations whose IRS filings report $152,620 to it, the largest being THE ROBERT E FRAZIER TRI-CITY AREA CHARITABLE FOUNDATION INC ($132,520). 1 of them have funded it in more than one year.
How many funders does HERITAGE MINISTRIES INC have?
IRS filings report 2 organizations giving $152,620 in grants to HERITAGE MINISTRIES INC, 1 of which have funded it in more than one year.
Who is the largest funder of HERITAGE MINISTRIES INC?
THE ROBERT E FRAZIER TRI-CITY AREA CHARITABLE FOUNDATION INC is the largest funder on record, with $132,520 in grants. The full list of funders is on this page.
How can an organization like HERITAGE MINISTRIES INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Kentucky. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Heritage Ministries →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 2 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing