Heart Transformation

Analysis

Heart Transformation is a registered charity in United States, based in Mount Ida, AR. It received its IRS tax-exemption ruling in February 2008, 18 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Heart Transformation reported income of $117k and spending of $109k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $155k to $117k (-24%), an average of -24% a year. The sharpest change came in the year to December 2023, when income dropped by 24%. Over the whole period it spent 103% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Heart Transformation 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 41st percentile, and in the 40th percentile within AR. Charities of a similar size with the same main cause include Omkaar Inc ($117k), Planted International Inc ($117k) and Baltimore Sikh Society Inc ($117k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $8,861 against liabilities of $798, net assets of $8,063.