Art 2 Heart

Analysis

Art 2 Heart is a registered charity in United States, based in Kerrville, TX. It received its IRS tax-exemption ruling in October 2003, 23 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Art 2 Heart reported income of $73k and spending of $66k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $59k to $73k (+24%), an average of +5.5% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Art 2 Heart sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 30th percentile within TX. Charities of a similar size with the same main cause include Generations Inc ($73k), Freedom to Go Inc ($73k) and Tarrant Area Gerontological Society ($73k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $14k (22% of expenses). Other salaries and wages came to $13k. At year end it held assets of $31k against liabilities of -$3,202, net assets of $34k. It reported 1 employees.