Warm Hearts Foundation

Analysis

Warm Hearts Foundation is a registered charity in United States, based in Grand Rapids, MI. It received its IRS tax-exemption ruling in November 2003, 23 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Warm Hearts Foundation reported income of $349k and spending of $340k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $449k to $349k (-22%), an average of -6.1% a year. The sharpest change came in the year to December 2020, when income dropped by 49%. Over the whole period it spent 100% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Warm Hearts Foundation sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within MI. Charities of a similar size with the same main cause include International Friends of Compassion Inc ($349k), Global Philadelphia Association Inc ($349k) and The Albert Einstein Institution Inc ($349k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $105k against liabilities of $0, net assets of $105k.