One Heartland Inc

Analysis

One Heartland Inc is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in October 1993, 33 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 September 2023, One Heartland Inc reported income of $1.2m and spending of $1.2m, spending 102% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $1.4m to $1.2m (-14%), an average of -3.7% a year. The sharpest change came in the year to September 2020, when income dropped by 50%. Over the whole period it spent 112% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, One Heartland Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within MN. Charities of a similar size with the same main cause include Rochester Fringe Festival Inc ($1.2m), The College Settlement of Philadelphia ($1.2m) and St Louis Bandits Baseball Boosters LLC ($1.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 68% and program service revenue 36% of the total. Compensation of current officers, directors and key employees was $159k (13% of expenses). Other salaries and wages came to $431k. At year end it held assets of $922k against liabilities of $740k, net assets of $182k. It reported 31 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.