Kari S Heart Foundation Inc

Analysis

Kari S Heart Foundation Inc is a registered charity in United States, based in Johnson City, TN. It received its IRS tax-exemption ruling in September 2009, 17 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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, Kari S Heart Foundation Inc reported income of $242k and spending of $181k, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $103k to $242k (+135%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 92%. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Kari S Heart Foundation Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within TN. Charities of a similar size with the same main cause include National Rosacea Society ($242k), Vessel of Honour Ministries Inc ($242k) and Autism Society of America Foundation Inc ($242k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% of the total. Other salaries and wages came to $17k. At year end it held assets of $75k against liabilities of $6,754, net assets of $68k. It reported 3 employees.