Heartland Hope Mission

Analysis

Heartland Hope Mission is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in July 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 2022, Heartland Hope Mission reported income of $5.7m and spending of $4.2m, leaving 27% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $2.7m to $5.7m (+111%), an average of +28% a year. The sharpest change came in the year to December 2021, when income rose by 50%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Heartland Hope Mission sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within NE. Charities of a similar size with the same main cause include Of One Accord Inc ($5.7m), Covenant House Illinois Inc ($5.7m) and Dairy Science Institute Inc ($5.7m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $185k (4.4% of expenses). Other salaries and wages came to $599k. At year end it held assets of $7.6m against liabilities of $2.3m, net assets of $5.3m. It reported 27 employees.