Heart of the Delta Foundation

Analysis

Heart of the Delta Foundation is a registered charity in United States, based in Belzoni, MS. It received its IRS tax-exemption ruling in January 2001, 25 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Heart of the Delta Foundation reported income of $711k and spending of $447k, leaving 37% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $12k to $711k (+5877%), an average of +5876% a year. The sharpest change came in the year to December 2023, when income rose by 5877%. Over the whole period it spent 63% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Heart of the Delta Foundation sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 77th percentile within MS. Charities of a similar size with the same main cause include Masonic Service Association Education Department ($711k), Charlottesville Biohub ($711k) and Wood River Vision 2020 ($710k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $356k against liabilities of $0, net assets of $356k.