Barkann Family Healing Hearts Foundation

Analysis

Barkann Family Healing Hearts Foundation is a registered charity in United States, based in Newtown SQ, PA. It received its IRS tax-exemption ruling in January 2013, 13 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, Barkann Family Healing Hearts Foundation reported income of $230k and spending of $223k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $188k to $230k (+22%), an average of +5.1% a year. The sharpest change came in the year to December 2023, when income rose by 40%. Over the whole period it spent 100% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Barkann Family Healing Hearts Foundation sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within PA. Charities of a similar size with the same main cause include Westchase District Community Fund ($230k), Sertoma Club of Nashville Foundation Inc ($230k) and Beirut for the Ethical Treatment of Animals ($230k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.3% of the total. Compensation of current officers, directors and key employees was $89k (40% of expenses). At year end it held assets of $13k against liabilities of $0, net assets of $13k.