Hearts & Hands Clinic Inc a Volunteers in Medicine Alliance
Analysis
Hearts & Hands Clinic Inc a Volunteers in Medicine Alliance is a registered charity in United States, based in Statesboro, GA. It received its IRS tax-exemption ruling in December 2010, 16 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 2022, Hearts & Hands Clinic Inc a Volunteers in Medicine Alliance reported income of $536k and spending of $587k, spending 109% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $643k to $536k (-17%), an average of -5.9% a year. The sharpest change came in the year to December 2021, when income rose by 180%. Over the whole period it spent 98% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hearts & Hands Clinic Inc a Volunteers in Medicine Alliance sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 75th percentile within GA. Charities of a similar size with the same main cause include Atlanta Neuroscience Foundation Inc ($536k), Heritage Valley-Upmc Multispecialty Group Inc ($536k) and Ematai Inc ($536k).
On its Form 990 for the period ending December 2022, revenue came from contributions and grants 95% of the total. Other salaries and wages came to $114k. At year end it held assets of $353k against liabilities of $30k, net assets of $323k. It reported 4 employees.
Income and spending
Where the income comes from
- Contributions & grants 95%
- Other 4.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Atlanta Neuroscience Foundation Inc | Atlanta | $536k |
| Heritage Valley-Upmc Multispecialty Group Inc | Pittsburgh | $536k |
| Ematai Inc | New York | $536k |
| Orthopaedic Innovation Technology Center Inc | Knoxville | $536k |