Hosanna Heartland

Analysis

Hosanna Heartland is a registered charity in United States, based in Lakeville, MN. It received its IRS tax-exemption ruling in July 2011, 15 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Hosanna Heartland reported income of $1.8m and spending of $970k, leaving 47% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $342k to $1.8m (+438%), an average of +52% a year. The sharpest change came in the year to August 2022, when income rose by 149%. Over the whole period it spent 50% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Hosanna Heartland sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within MN. Charities of a similar size with the same main cause include Southeast Center for Independent Living Inc ($1.8m), Kane County Senior Living ($1.8m) and Neighborhood Housing Services of Hamilton Inc ($1.8m).

At year end it held assets of $2.2m against liabilities of $89k, net assets of $2.1m.