Foundation for Heart Failure Education Inc

Analysis

Foundation for Heart Failure Education Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in September 2012, 14 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 (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, Foundation for Heart Failure Education Inc reported income of $198k and spending of $203k, spending 103% of its income. Across the 3 years on record, from December 2020 to December 2023, income fell from $229k to $198k (-14%), an average of -7.1% a year. The sharpest change came in the year to December 2023, when income rose by 168%. Over the whole period it spent 104% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Foundation for Heart Failure Education Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 56th percentile within CA. Charities of a similar size with the same main cause include Helping Hands Clinic Inc ($198k), Hooah Deer Hunt for Heroes NFP ($198k) and Cornerstone Family Counseling Services ($197k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $283k against liabilities of $0, net assets of $283k.