Heart for the City

Analysis

Heart for the City is a registered charity in United States, based in Glendale, AZ. It received its IRS tax-exemption ruling in March 2008, 18 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 December 2023, Heart for the City reported income of $211k and spending of $282k, spending 134% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $434k to $211k (-52%), an average of -17% a year. The sharpest change came in the year to December 2023, when income dropped by 43%. Over the whole period it spent 106% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Heart for the City sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 52nd percentile within AZ. Charities of a similar size with the same main cause include Tu Casa Latina ($211k), Washington County Community 2000 Partnership Inc ($211k) and Paradise for Living Services ($211k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% of the total. Compensation of current officers, directors and key employees was $42k (15% of expenses). Other salaries and wages came to $135k. At year end it held assets of $58k against liabilities of $17k, net assets of $42k. It reported 13 employees.