Heartbeat Community Services Inc

Analysis

Heartbeat Community Services Inc is a registered charity in United States, based in Millerstown, PA. It received its IRS tax-exemption ruling in February 1986, 40 years ago. 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, Heartbeat Community Services Inc reported income of $91k and spending of $81k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $99k to $91k (-8.6%), an average of -8.6% a year. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Heartbeat Community Services Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 33rd percentile within PA. Charities of a similar size with the same main cause include Bourne Historical Society ($91k), National Association of Women in Construction Education Foundation ($91k) and PTA California Congress of Parents Teachers & Students Inc ($91k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 33% of the total. At year end it held assets of $103k against liabilities of $0, net assets of $103k.