Hearts for the Hungry Inc

Analysis

Hearts for the Hungry Inc is a registered charity in United States, based in Union City, PA. It received its IRS tax-exemption ruling in July 2007, 19 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Hearts for the Hungry Inc reported income of $56k and spending of $39k, leaving 31% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $14k to $56k (+301%), an average of +301% a year. The sharpest change came in the year to June 2024, when income rose by 301%. Over the whole period it spent 96% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Hearts for the Hungry Inc sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 20th percentile within PA. Charities of a similar size with the same main cause include Perspectives Worldwide Inc ($56k), Eyes on Kenya Inc ($56k) and Hot Soup ($56k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $24k against liabilities of $0, net assets of $24k.