Heart 2 Hart Detroit Inc

Analysis

Heart 2 Hart Detroit Inc is a registered charity in United States, based in Farmingtn HLS, MI. It received its IRS tax-exemption ruling in August 2013, 13 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 August 2024, Heart 2 Hart Detroit Inc reported income of $142k and spending of $166k, spending 117% of what it took in. Across the 2 years on record, from August 2023 to August 2024, income fell from $149k to $142k (-5.2%), an average of -5.2% a year. Over the whole period it spent 120% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Heart 2 Hart Detroit Inc sits at the 41st percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 45th percentile within MI. Charities of a similar size with the same main cause include Deaf and Hard of Hearing Services ($141k), Pattys Place Inc ($142k) and Amigos of Honduras ($141k).

On its Form 990-EZ for the period ending August 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $45k against liabilities of $1,343, net assets of $44k.