Hearts United for Bristol Inc

Analysis

Hearts United for Bristol Inc is a registered charity in United States, based in Bristol, IN. It received its IRS tax-exemption ruling in May 2011, 15 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, Hearts United for Bristol Inc reported income of $332k and spending of $203k, leaving 39% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $186k to $332k (+79%), an average of +79% a year. The sharpest change came in the year to December 2023, when income rose by 79%. Over the whole period it spent 62% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hearts United for Bristol Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 63rd percentile within IN. Charities of a similar size with the same main cause include Dawson County Parent-Child Protective Services Inc ($332k), Northeast Washington Wolf-Cattle Collaborative ($332k) and Guadalupe Workers ($332k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $92k. At year end it held assets of $327k against liabilities of $9,925, net assets of $317k. It reported 4 employees.