Heart & Soul Design Communications Center Inc

Analysis

Heart & Soul Design Communications Center Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in June 2007, 19 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 & Soul Design Communications Center Inc reported income of $237k and spending of $263k, spending 111% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $107k to $237k (+122%), an average of +122% a year. The sharpest change came in the year to December 2023, when income rose by 122%. Over the whole period it spent 136% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Heart & Soul Design Communications Center Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 60th percentile within CA. Charities of a similar size with the same main cause include Rocksolid Community Teen Center ($237k), Bradleys Beautiful Bouquets Inc ($237k) and White Oak Athletic Club ($237k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $82k against liabilities of $118k, net assets of -$36k.