Heartland Senior Services

Analysis

Heartland Senior Services is a registered charity in United States, based in Ames, IA. It received its IRS tax-exemption ruling in July 1976, 50 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Heartland Senior Services reported income of $3.0m and spending of $715k, leaving 76% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.3m to $3.0m (+138%), an average of +34% a year. The sharpest change came in the year to June 2022, when income rose by 320%. Over the whole period it spent 33% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Heartland Senior Services sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within IA. Charities of a similar size with the same main cause include Evergreen Service Providers for Persons with Developmental Disabil ($3.0m), L C Industries Foundation ($3.0m) and Tri River Transit Authority ($3.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 89% and program service revenue 7.6% of the total. Compensation of current officers, directors and key employees was $90k (13% of expenses). Other salaries and wages came to $263k. At year end it held assets of $11.3m against liabilities of $82k, net assets of $11.2m. It reported 16 employees.