D & B H E a R T Fund

Analysis

D & B H E a R T Fund is a registered charity in United States, based in Coppell, TX. It received its IRS tax-exemption ruling in August 2007, 19 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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, D & B H E a R T Fund reported income of $471k and spending of $542k, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $597k to $471k (-21%), an average of -5.7% a year. The sharpest change came in the year to December 2021, when income rose by 91%. Over the whole period it spent 92% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, D & B H E a R T Fund sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 74th percentile within TX. Charities of a similar size with the same main cause include Hague Volunteer Fire Department Inc ($471k), Gouverneur Fire Company Inc ($472k) and Rohrerstown Community Fire Company ($471k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% of the total. At year end it held assets of $672k against liabilities of $71k, net assets of $602k.