Heartland Food Reservoir Inc

Analysis

Heartland Food Reservoir Inc is a registered charity in United States, based in Sebring, FL. It received its IRS tax-exemption ruling in May 2007, 19 years ago. Its declared purposes cover food, agriculture and nutrition, 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, Heartland Food Reservoir Inc reported income of $240k and spending of $296k, spending 123% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $204k to $240k (+18%), an average of +4.2% a year. The sharpest change came in the year to December 2020, when income rose by 87%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Heartland Food Reservoir Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 61st percentile within FL. Charities of a similar size with the same main cause include Wright County ($240k), Clinton County Senior Action Council & Oats Committee ($240k) and Little Manna Foods Inc ($240k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 60% and program service revenue 40% of the total. Other salaries and wages came to $156k. At year end it held assets of $453k against liabilities of $59k, net assets of $394k. It reported 8 employees.