Hearts in Hands Inc

Analysis

Hearts in Hands Inc is a registered charity in United States, based in Columbiana, AL. It received its IRS tax-exemption ruling in August 2011, 15 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 December 2023, Hearts in Hands Inc reported income of $151k and spending of $152k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $112k to $151k (+35%), an average of +35% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hearts in Hands Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 48th percentile within AL. Charities of a similar size with the same main cause include Del Ray Community Partnership ($151k), Bedford Community Table-Pantry Inc ($151k) and The Haven Network for Perinatal Death and Bereavement ($151k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $58k against liabilities of $0, net assets of $58k.