Heart Walk Foundation

Analysis

Heart Walk Foundation is a registered charity in United States, based in St George, UT. It received its IRS tax-exemption ruling in March 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 Walk Foundation reported income of $67k and spending of $100k, spending 150% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $87k to $67k (-23%), an average of -23% a year. The sharpest change came in the year to December 2023, when income dropped by 23%. Over the whole period it spent 132% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Heart Walk Foundation sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 25th percentile within UT. Charities of a similar size with the same main cause include Annies Hope Center for Growing and Healing ($67k), Nami Kern County Chapter ($67k) and Lewis County Senior Citizens Inc ($67k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 71% of the total. At year end it held assets of $164k against liabilities of $0, net assets of $164k.