Heartland Foundation

Analysis

Heartland Foundation is a registered charity in United States, based in Saint Joseph, MO. It received its IRS tax-exemption ruling in October 1982, 44 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 June 2023, Heartland Foundation reported income of $9.7m and spending of $5.5m, leaving 43% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.4m to $9.7m (+119%), an average of +22% a year. The sharpest change came in the year to June 2023, when income rose by 67%. Over the whole period it spent 58% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Heartland Foundation sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 93rd percentile within MO. Charities of a similar size with the same main cause include Community Clinic Association of Los Angeles County ($9.6m), St Croix Valley Shared Services Inc ($9.7m) and Ability Connection Colorado Inc ($9.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 90% of the total. Compensation of current officers, directors and key employees was $397k (7.2% of expenses). Other salaries and wages came to $788k. At year end it held assets of $39.8m against liabilities of $1.6m, net assets of $38.2m. It reported 29 employees.