Hearts Afire Inc

Analysis

Hearts Afire Inc is a registered charity in United States, based in Bradenton, FL. It received its IRS tax-exemption ruling in February 2007, 19 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Hearts Afire Inc reported income of $467k and spending of $533k, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $523k to $467k (-11%), an average of -2.8% a year. The sharpest change came in the year to December 2022, when income rose by 87%. Over the whole period it spent 103% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Hearts Afire Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 72nd percentile within FL. Charities of a similar size with the same main cause include Mexico-North Research Network Inc ($467k), Harvest Hands Ministries ($467k) and Miracle Village International Inc ($467k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $71k against liabilities of $519, net assets of $70k.