Heart of the Ozarks

Analysis

Heart of the Ozarks is a registered charity in United States, based in Springfield, MO. It received its IRS tax-exemption ruling in August 2004, 22 years ago. 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, Heart of the Ozarks reported income of $484k and spending of $601k, spending 124% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $441k to $484k (+9.7%), an average of +4.7% a year. The sharpest change came in the year to December 2022, when income rose by 35%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Heart of the Ozarks sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 67th percentile within MO. Charities of a similar size with the same main cause include Northland Area Family Service Center ($484k), Building Biology Institute Corp ($484k) and New Ulm Turnverein ($484k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.4% and program service revenue 100% of the total. Other salaries and wages came to $452k. At year end it held assets of $115k against liabilities of $14k, net assets of $101k. It reported 35 employees.