Heart Gallery of Alabama Inc

Analysis

Heart Gallery of Alabama Inc is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in December 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 (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 Gallery of Alabama Inc reported income of $576k and spending of $423k, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $462k to $576k (+25%), an average of +5.7% a year. The sharpest change came in the year to December 2023, when income rose by 34%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Heart Gallery of Alabama Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 76th percentile within AL. Charities of a similar size with the same main cause include Mamie a Warren Senior Center ($576k), Saint Stephen Development Corporation ($576k) and Operation Exodus-Inner City Inc ($576k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $69k (16% of expenses). At year end it held assets of $967k against liabilities of $132k, net assets of $835k. It reported 5 employees.