Hearts with a Mission

Analysis

Hearts with a Mission is a registered charity in United States, based in Medford, OR. It received its IRS tax-exemption ruling in July 2007, 19 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 June 2024, Hearts with a Mission reported income of $3.7m and spending of $3.5m, spending 94% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $2.4m to $3.7m (+56%), an average of +12% a year. The sharpest change came in the year to June 2021, when income rose by 33%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hearts with a Mission sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within OR. Charities of a similar size with the same main cause include Bala Presbyterian Home Foundation ($3.7m), Ahrc NYC New Projects Inc ($3.7m) and New Life TN ($3.7m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 34% and program service revenue 63% of the total. Compensation of current officers, directors and key employees was $337k (9.6% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $5.0m against liabilities of $1.1m, net assets of $3.9m. It reported 60 employees.