From the Heart Fund
Analysis
From the Heart Fund is a registered charity in United States, based in Suffern, NY. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, From the Heart Fund reported income of $298k and spending of $326k, spending 109% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $332k to $298k (-10%), an average of -5.3% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 107% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, From the Heart Fund sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 58th percentile within NY. Charities of a similar size with the same main cause include Dryden Senior Housing Corporation ($298k), Cheyenne Trails Corporation ($298k) and Huron Housing Corporation ($298k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $11k against liabilities of $942, net assets of $10k.
Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Dryden Senior Housing Corporation | Dryden | $298k |
| Cheyenne Trails Corporation | Farmington | $298k |
| Huron Housing Corporation | Blacklick | $298k |
| Isabella County Nonprofit Housing Corporation | Detroit | $298k |