Hearts 4 Ukraine

Analysis

Hearts 4 Ukraine is a registered charity in United States, based in Brandon, MS. It received its IRS tax-exemption ruling in January 2020, 6 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 4 Ukraine reported income of $101k and spending of $69k, leaving 32% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $211k to $101k (-52%), an average of -52% a year. The sharpest change came in the year to December 2023, when income dropped by 52%. Over the whole period it spent 61% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hearts 4 Ukraine sits at the 33rd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 38th percentile within MS. Charities of a similar size with the same main cause include Place 4 Grace ($101k), International Convocation of Unitarian Universalist Women ($101k) and Front Door Communities ($101k).

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 $136k against liabilities of $0, net assets of $136k.