Heart Health Foundation

Analysis

Heart Health Foundation is a registered charity in United States, based in Annapolis, MD. It received its IRS tax-exemption ruling in March 2005, 21 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 December 2023, Heart Health Foundation reported income of $165k and spending of $237k, spending 143% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $170k to $165k (-2.9%), an average of -0.7% a year. The sharpest change came in the year to December 2022, when income rose by 370%. Over the whole period it spent 113% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Heart Health Foundation sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 50th percentile within MD. Charities of a similar size with the same main cause include Luminina Corp ($165k), Medical Aid Project ($165k) and Vassar Area Ambulance Service ($165k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 107% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $60k (25% of expenses). Other salaries and wages came to $82k. At year end it held assets of $211k against liabilities of $36k, net assets of $175k. It reported 6 employees.