Heaven Gallery

Analysis

Heaven Gallery is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in October 2012, 14 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Heaven Gallery reported income of $182k and spending of $178k, spending 97% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $124k to $182k (+47%), an average of +21% a year. The sharpest change came in the year to December 2022, when income rose by 51%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Heaven Gallery sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 52nd percentile within IL. Charities of a similar size with the same main cause include Dance Masters of America New England Chap 5 Inc ($182k), The Deanery School of Music ($182k) and Bright Hill Press Inc ($182k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 12% of the total. At year end it held assets of $14k against liabilities of $0, net assets of $14k.