Angels for Hearts

Analysis

Angels for Hearts is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in January 2009, 17 years ago. Its declared purposes cover medical research, 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, Angels for Hearts reported income of $95k and spending of $87k, spending 92% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $57k to $95k (+67%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 30%. Over the whole period it spent 103% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Angels for Hearts sits at the 27th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 38th percentile within CA. Charities of a similar size with the same main cause include Isle of Wight Opportunities for the Disabled ($95k), Alms Community Health Center ($95k) and Karna Charities International Foundation ($95k).

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 $73k against liabilities of $0, net assets of $73k.