Donations From the Heart Inc

Analysis

Donations From the Heart Inc is a registered charity in United States, based in Odenton, MD. It received its IRS tax-exemption ruling in December 2011, 15 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 December 2023, Donations From the Heart Inc reported income of $52k and spending of $52k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $30k to $52k (+74%), an average of +15% a year. The sharpest change came in the year to December 2020, when income rose by 101%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Donations From the Heart Inc sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 22nd percentile within MD. Charities of a similar size with the same main cause include The Pastime Club Inc ($52k), Bread of Life Food Pantry Inc ($52k) and Ishshahs Place Inc ($51k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $2,129 against liabilities of $0, net assets of $2,129.

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.