Living Heart Foundation Inc

Analysis

Living Heart Foundation Inc is a registered charity in United States, based in Little Silver, NJ. It received its IRS tax-exemption ruling in November 2001, 25 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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, Living Heart Foundation Inc reported income of $325k and spending of $416k, spending 128% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $341k to $325k (-4.6%), an average of -1.2% a year. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Living Heart Foundation Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 69th percentile within NJ. Charities of a similar size with the same main cause include International Geriatric Diabetes Society Inc ($325k), Margauxs Miracle Foundation Inc ($325k) and Snapcap Inc ($325k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $115k. At year end it held assets of $30k against liabilities of $38k, net assets of -$8,585. It reported 2 employees.