Heart Gallery of Broward County Inc

Analysis

Heart Gallery of Broward County Inc is a registered charity in United States, based in Fort Lauderdale, FL. It received its IRS tax-exemption ruling in June 2007, 19 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, Heart Gallery of Broward County Inc reported income of $268k and spending of $223k, spending 83% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $197k to $268k (+36%), an average of +17% a year. The sharpest change came in the year to December 2022, when income rose by 29%. Over the whole period it spent 57% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Heart Gallery of Broward County Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 63rd percentile within FL. Charities of a similar size with the same main cause include Cumming Community Center ($268k), Heppner Day Care Inc ($268k) and Cutty Legacy Foundation ($268k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $77k (35% of expenses). Other salaries and wages came to $27k. At year end it held assets of $420k against liabilities of $563, net assets of $420k. It reported 3 employees.