Tender Hearts Inc

Analysis

Tender Hearts Inc is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in October 2015, 11 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Tender Hearts Inc reported income of $110k and spending of $115k, spending 105% of what it took in. Across the 5 years on record, from December 2018 to December 2022, income fell from $906k to $110k (-88%), an average of -41% a year. The sharpest change came in the year to December 2022, when income rose by 101%. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Tender Hearts Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 39th percentile within MI. Charities of a similar size with the same main cause include Recovery Dharma Inc ($110k), Mocaapi ($110k) and Central Florida Softball League Inc ($110k).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 18% of the total. Other salaries and wages came to $7,380. At year end it held assets of $0 against liabilities of $0, net assets of $0.