Heart Smiles Inc

Analysis

Heart Smiles Inc is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in September 2010, 16 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, Heart Smiles Inc reported income of $84k and spending of $60k, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $40k to $84k (+110%), an average of +20% a year. The sharpest change came in the year to December 2020, when income rose by 71%. Over the whole period it spent 92% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Heart Smiles Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 34th percentile within TX. Charities of a similar size with the same main cause include Foundation for Better Education ($84k), Open Learning Exchange Inc ($84k) and Hoshyar Foundation ($84k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $46k against liabilities of $0, net assets of $46k.