Heart Trust Inc

Analysis

Heart Trust Inc is a registered charity in United States, based in Westport, CT. It received its IRS tax-exemption ruling in January 2007, 19 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 December 2023, Heart Trust Inc reported income of $164k and spending of $191k, spending 117% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $209k to $164k (-22%), an average of -7.9% a year. The sharpest change came in the year to December 2022, when income rose by 360%. Over the whole period it spent 101% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Heart Trust Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within CT. Charities of a similar size with the same main cause include Cancer Connection ($164k), Romans 8 28 Ministry Inc ($164k) and American Institute of the History of Pharmacy ($164k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $442k against liabilities of $0, net assets of $442k.