Diveheart Foundation

Analysis

Diveheart Foundation is a registered charity in United States, based in Downers Grove, IL. It received its IRS tax-exemption ruling in October 2024, 2 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Diveheart Foundation reported income of $606k and spending of $505k, spending 83% of its income. Across the 6 years on record, from December 2018 to December 2023, income fell from $717k to $606k (-15%), an average of -3.3% a year. The sharpest change came in the year to December 2023, when income rose by 136%. Over the whole period it spent 82% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Diveheart Foundation sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within IL. Charities of a similar size with the same main cause include Gilead Healing Ministries ($606k), Texoma Medical Center Inc ($606k) and Anchor Homes ($606k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 4.4% of the total. Compensation of current officers, directors and key employees was $38k (7.4% of expenses). Other salaries and wages came to $62k. At year end it held assets of $1.5m against liabilities of $21k, net assets of $1.4m. It reported 5 employees.