Healing Hearts & Families

Analysis

Healing Hearts & Families is a registered charity in United States, based in Broken Bow, NE. It received its IRS tax-exemption ruling in March 2024, 2 years ago. Its declared purposes cover human services, 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 June 2024, Healing Hearts & Families reported income of $511k and spending of $504k, spending 99% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $444k to $511k (+15%), an average of +2.8% a year. The sharpest change came in the year to June 2021, when income rose by 80%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Healing Hearts & Families sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 70th percentile within NE. Charities of a similar size with the same main cause include Corecivic Foundation ($511k), Connected to Connect Inc ($511k) and Outreach Center of Christ the Savior ($511k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $343k. At year end it held assets of $62k against liabilities of $104k, net assets of -$43k. It reported 10 employees.