Have a Heart Foundation Inc

Analysis

Have a Heart Foundation Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in August 2009, 17 years ago. Its declared purposes cover health care, 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, Have a Heart Foundation Inc reported income of $806k and spending of $802k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $331k to $806k (+143%), an average of +25% a year. The sharpest change came in the year to December 2020, when income rose by 47%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Have a Heart Foundation Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within KY. Charities of a similar size with the same main cause include Community Hospital Anderson Foundation Inc ($806k), Joseph House Inc ($806k) and Cabell Wayne Association of the Blind Inc ($806k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% and program service revenue 60% of the total. Compensation of current officers, directors and key employees was $77k (9.6% of expenses). Other salaries and wages came to $340k. At year end it held assets of $285k against liabilities of $3,212, net assets of $281k. It reported 20 employees.