Parent Heart Watch

Analysis

Parent Heart Watch is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in July 2006, 20 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Parent Heart Watch reported income of $346k and spending of $351k, spending 101% of its income. Across the 6 years on record, from September 2019 to December 2023, income grew from $299k to $346k (+16%), an average of +2.9% a year. The sharpest change came in the year to December 2023, when income rose by 192%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Parent Heart Watch sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 67th percentile within FL. Charities of a similar size with the same main cause include McVeytown Ambulance Incorporated ($346k), North Gables Senior Housing ($346k) and Holler Harm Reduction ($346k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $92k (26% of expenses). It paid $15k in professional fundraising fees. At year end it held assets of $137k against liabilities of $4,366, net assets of $132k. It reported 2 employees.