Heartbeat of Fremont

Analysis

Heartbeat of Fremont is a registered charity in United States, based in Fremont, OH. It received its IRS tax-exemption ruling in March 1991, 35 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Heartbeat of Fremont reported income of $317k and spending of $279k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $320k to $317k (-0.8%), an average of -0.2% a year. Over the whole period it spent 87% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Heartbeat of Fremont sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 62nd percentile within OH. Charities of a similar size with the same main cause include Abiding Missions ($317k), Union of American Physicians and Dentists Benefits Fund ($317k) and KLS Medical Services ($317k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 21% of the total. Other salaries and wages came to $136k. At year end it held assets of $356k against liabilities of $1,671, net assets of $354k. It reported 16 employees.