Avas Heart

Analysis

Avas Heart is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in November 2011, 15 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Avas Heart reported income of $424k and spending of $452k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $264k to $424k (+61%), an average of +13% a year. The sharpest change came in the year to December 2023, when income rose by 33%. Over the whole period it spent 102% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Avas Heart sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 69th percentile within CA. Charities of a similar size with the same main cause include Lend a Helping Can Inc ($424k), Friends of Grace Church School Brooklyn Heights Inc ($424k) and Alabama Oilmens Invitational Inc ($424k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% of the total. At year end it held assets of $0 against liabilities of $0, net assets of $0.