Joshuas Heart Foundation Inc

Analysis

Joshuas Heart Foundation Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in January 2008, 18 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, Joshuas Heart Foundation Inc reported income of $683k and spending of $624k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $231k to $683k (+195%), an average of +31% a year. The sharpest change came in the year to December 2020, when income rose by 667%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Joshuas Heart Foundation Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 77th percentile within FL. Charities of a similar size with the same main cause include Rockstart - a Quality Christian Early Learning Center ($683k), Pregnancy Ministries Inc ($683k) and Kitty S Kids at Shady Grove Incorporated ($683k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $38k (6.0% of expenses). Other salaries and wages came to $81k. At year end it held assets of $276k against liabilities of $56k, net assets of $220k. It reported 4 employees.