Heart Coalition Inc

Analysis

Heart Coalition Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in August 2005, 21 years ago. Its declared purposes cover health care, 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 June 2024, Heart Coalition Inc reported income of $259k and spending of $160k, leaving 38% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income grew from $214k to $259k (+21%), an average of +10% a year. The sharpest change came in the year to June 2023, when income rose by 70%. Over the whole period it spent 71% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Heart Coalition Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 63rd percentile within GA. Charities of a similar size with the same main cause include Camp H-Town ($259k), Angels at Risk ($259k) and Florida State Convention of Alcoholics Anonymous ($259k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $9,000 (5.6% of expenses). Other salaries and wages came to $116k. At year end it held assets of $411k against liabilities of $0, net assets of $411k.