Heart in Balance

Analysis

Heart in Balance is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in January 2005, 21 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Heart in Balance reported income of $267k and spending of $268k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $240k to $267k (+11%), an average of +2.7% a year. The sharpest change came in the year to December 2022, when income dropped by 22%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Heart in Balance sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 62nd percentile within CA. Charities of a similar size with the same main cause include Elk Grove Hart Home Assistance Resource Team ($267k), Mecosta Osceola Youth Attention Center Inc ($267k) and Duo Center Inc ($267k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $26k (9.6% of expenses). Other salaries and wages came to $114k. At year end it held assets of $15k against liabilities of -$4,865, net assets of $20k.