Heartland for Children Inc

Analysis

Heartland for Children Inc is a registered charity in United States, based in Bartow, FL. It received its IRS tax-exemption ruling in August 2002, 24 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Heartland for Children Inc reported income of $67.1m and spending of $66.9m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $44.6m to $67.1m (+50%), an average of +11% a year. The sharpest change came in the year to June 2023, when income rose by 29%. Over the whole period it spent 100% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Heartland for Children Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within FL. Charities of a similar size with the same main cause include Pace Center for Girls Inc ($57.9m), Willits Hospital Inc ($96.7m) and Junior Achievement USA ($57.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.6% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $578k (0.9% of expenses). Other salaries and wages came to $6.6m. At year end it held assets of $11.1m against liabilities of $8.1m, net assets of $3.0m. It reported 140 employees.