Big Heart Philanthropy

Analysis

Big Heart Philanthropy is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in October 2009, 17 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Big Heart Philanthropy reported income of $408k and spending of $286k, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $308k to $408k (+33%), an average of +7.3% a year. The sharpest change came in the year to December 2023, when income rose by 91%. Over the whole period it spent 100% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Big Heart Philanthropy sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within IL. Charities of a similar size with the same main cause include O C E a N ($408k), American Friends of Ponevez Yeshiva in Israel Inc ($408k) and De Colores Foundation ($408k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 23% of the total. Other salaries and wages came to $148k. At year end it held assets of $145k against liabilities of $37k, net assets of $108k. It reported 7 employees.