Heart2heart Senior Outreach of South Florida Inc

Analysis

Heart2heart Senior Outreach of South Florida Inc is a registered charity in United States, based in Ft Lauderdale, FL. It received its IRS tax-exemption ruling in December 2010, 16 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Heart2heart Senior Outreach of South Florida Inc reported income of $668k and spending of $802k, spending 120% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $336k to $668k (+99%), an average of +19% a year. The sharpest change came in the year to December 2021, when income rose by 82%. Over the whole period it spent 102% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Heart2heart Senior Outreach of South Florida Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 77th percentile within FL. Charities of a similar size with the same main cause include Foundation for the Support of St Barbara Orthodox Monastery ($668k), Harvest Evangelistic Association ($668k) and Operation Light Force ($668k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 105% of the total. Compensation of current officers, directors and key employees was $121k (15% of expenses). Other salaries and wages came to $310k. At year end it held assets of $483k against liabilities of $467k, net assets of $16k. It reported 8 employees.