Champs Heart Inc

Analysis

Champs Heart Inc is a registered charity in United States, based in Idaho Falls, ID. It received its IRS tax-exemption ruling in June 2019, 7 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Champs Heart Inc reported income of $500k and spending of $312k, leaving 38% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $267k to $500k (+87%), an average of +37% a year. The sharpest change came in the year to December 2022, when income rose by 70%. Over the whole period it spent 60% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Champs Heart Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 75th percentile within ID. Charities of a similar size with the same main cause include Pregnancy Medical Clinic ($500k), Life Options ($500k) and Hayward Institute Inc ($500k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 110% of the total. At year end it held assets of $1.4m against liabilities of $878k, net assets of $543k.