Hot Hearts

Analysis

Hot Hearts is a registered charity in United States, based in Beaumont, TX. It received its IRS tax-exemption ruling in March 2005, 21 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, Hot Hearts reported income of $296k and spending of $281k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $232k to $296k (+28%), an average of +6.3% a year. The sharpest change came in the year to December 2022, when income rose by 88%. Over the whole period it spent 101% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Hot Hearts sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 66th percentile within TX. Charities of a similar size with the same main cause include Sowing Seeds of Joy Inc ($296k), Philippi Freedom Ministry ($296k) and Iglesia Segunda Luz de Salvacion de Aic ($296k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.7% and program service revenue 99% of the total. At year end it held assets of $134k against liabilities of $0, net assets of $134k.