Home 4 the Heart

Analysis

Home 4 the Heart is a registered charity in United States, based in Wauwatosa, WI. It received its IRS tax-exemption ruling in February 2008, 18 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, Home 4 the Heart reported income of $1.2m and spending of $1.3m, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $672k to $1.2m (+84%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 36%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Home 4 the Heart sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within WI. Charities of a similar size with the same main cause include The Humanitarian Service Project ($1.2m), West Virginia Food and Farm Coalition ($1.2m) and Metro DC Community Center Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $238k (18% of expenses). Other salaries and wages came to $472k. At year end it held assets of $292k against liabilities of $436k, net assets of -$144k. It reported 18 employees.