Rescued Hearts Unique Boutique

Analysis

Rescued Hearts Unique Boutique is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in April 2014, 12 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, Rescued Hearts Unique Boutique reported income of $113k and spending of $132k, spending 117% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $113k to $113k (-0.7%), an average of -0.7% a year. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Rescued Hearts Unique Boutique sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 36th percentile within CO. Charities of a similar size with the same main cause include Friends of Hyder Family Hospice House ($113k), Canton Senior Citizens Center ($113k) and Flora of North America Association ($113k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 12% of the total. At year end it held assets of $67k against liabilities of $8,138, net assets of $58k.