Saving Tiny Hearts Society

Analysis

Saving Tiny Hearts Society is a registered charity in United States, based in Buffalo Grove, IL. It received its IRS tax-exemption ruling in May 2007, 19 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Saving Tiny Hearts Society reported income of $702k and spending of $420k, leaving 40% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $580k to $702k (+21%), an average of +4.9% a year. The sharpest change came in the year to December 2023, when income rose by 37%. Over the whole period it spent 90% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Saving Tiny Hearts Society sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within IL. Charities of a similar size with the same main cause include H G Clay Foundation ($702k), West Palm Beach Library Foundation Inc ($702k) and Enhabit Cares ($702k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.2m against liabilities of $75k, net assets of $1.2m.