Heart House Inc

Analysis

Heart House Inc is a registered charity in United States, based in Aurora, IN. It received its IRS tax-exemption ruling in July 1998, 28 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, Heart House Inc reported income of $490k and spending of $613k, spending 125% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $328k to $490k (+50%), an average of +11% a year. The sharpest change came in the year to December 2023, when income rose by 36%. Over the whole period it spent 122% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Heart House Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within IN. Charities of a similar size with the same main cause include Gardhouse Limited ($490k), Center for Healing Trauma and Attachment Inc ($491k) and Mercy Housing and Human Development Inc ($490k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 53% of the total. Compensation of current officers, directors and key employees was $65k (11% of expenses). Other salaries and wages came to $96k. At year end it held assets of $1.5m against liabilities of $85k, net assets of $1.4m. It reported 8 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.