Pure Heart Foundation

Analysis

Pure Heart Foundation is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in April 2017, 9 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 2022, Pure Heart Foundation reported income of $347k and spending of $398k, spending 115% of what it took in. Across the 2 years on record, from December 2021 to December 2022, income fell from $425k to $347k (-18%), an average of -18% a year. The sharpest change came in the year to December 2022, when income dropped by 18%. Over the whole period it spent 100% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Pure Heart Foundation sits at the 71st percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within MI. Charities of a similar size with the same main cause include Brookline Teen Outreach ($347k), Grandmas House-A Vision of Hope ($347k) and World Youth Connect ($347k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $36k. It paid $37k in professional fundraising fees. At year end it held assets of $8,185 against liabilities of $0, net assets of $8,185.