Warm Heart Warm Home Foundation Inc

Analysis

Warm Heart Warm Home Foundation Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in October 2003, 23 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Warm Heart Warm Home Foundation Inc reported income of $1.0m and spending of $1.3m, spending 132% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $664k to $1.0m (+53%), an average of +11% a year. The sharpest change came in the year to December 2020, when income rose by 94%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Warm Heart Warm Home Foundation Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within IN. Charities of a similar size with the same main cause include Area Churches Together Serving Acts Inc ($1.0m), Crooks Community Child Care Center Ltd ($1.0m) and The Outlet ($1.0m).

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 $394k against liabilities of $51k, net assets of $343k.