Heart for Children Inc

Analysis

Heart for Children Inc is a registered charity in United States, based in Tomball, TX. It received its IRS tax-exemption ruling in October 2008, 18 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Children Inc reported income of $589k and spending of $642k, spending 109% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $403k to $589k (+46%), an average of +7.9% a year. The sharpest change came in the year to December 2023, when income rose by 44%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Heart for Children Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 77th percentile within TX. Charities of a similar size with the same main cause include Ocean Breeze School Inc ($589k), Show Me Love Learning Academy Inc ($589k) and The Nia Foundation Incorporated ($588k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 19% of the total. At year end it held assets of $389k against liabilities of $5,904, net assets of $383k. It reported 1 employees.