American Heart Association Inc

Analysis

American Heart Association Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in July 1949, 77 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 June 2023, American Heart Association Inc reported income of $925.8m and spending of $862.5m, spending 93% of its income. Across the 4 years on record, from June 2019 to June 2023, income grew from $746.4m to $925.8m (+24%), an average of +7.4% a year. The sharpest change came in the year to June 2023, when income rose by 15%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, American Heart Association Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within TX. Charities of a similar size with the same main cause include Adventist Health System-West ($924.5m), Christus Trinity Clinic Texas ($926.2m) and Cook Childrens Health Plan ($921.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 70% and program service revenue 7.4% of the total. Compensation of current officers, directors and key employees was $9.3m (1.1% of expenses). Other salaries and wages came to $300.5m. It paid $78k in professional fundraising fees. At year end it held assets of $1.79bn against liabilities of $543.7m, net assets of $1.25bn. It reported 3,698 employees.