Tribe of Heart Ltd

Analysis

Tribe of Heart Ltd is a registered charity in United States, based in Ithaca, NY. It received its IRS tax-exemption ruling in July 2000, 26 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Tribe of Heart Ltd reported income of $69k and spending of $89k, spending 128% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $26k to $69k (+164%), an average of +164% a year. The sharpest change came in the year to December 2023, when income rose by 164%. Over the whole period it spent 198% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Tribe of Heart Ltd sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within NY. Charities of a similar size with the same main cause include Federal Way Chorale ($69k), Chamber Music Society of Bethlehem ($69k) and Gadsden-Pacific Division Toy Train Operating Museum Ltd ($69k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $110k against liabilities of $192k, net assets of -$82k.