Follow Your Heart Foundation Inc
Analysis
Follow Your Heart Foundation Inc is a registered charity in United States, based in Mesa, AZ. It received its IRS tax-exemption ruling in September 2016, 10 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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, Follow Your Heart Foundation Inc reported income of $1.2m and spending of $1.3m, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $955k to $1.2m (+26%), an average of +5.9% a year. The sharpest change came in the year to December 2020, when income rose by 20%. Over the whole period it spent 100% of the income it received.
Among 14,470 United States charities whose main cause is animals and that reported income, Follow Your Heart Foundation Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 78th percentile within AZ. Charities of a similar size with the same main cause include Humane Society of Polk County Inc ($1.2m), Providence Animal Rescue League ($1.2m) and Waggle Foundation Inc ($1.2m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 88% of the total. Other salaries and wages came to $506k. At year end it held assets of $563k against liabilities of $553k, net assets of $10k. It reported 11 employees.
Income and spending
Where the income comes from
- Contributions & grants 12%
- Program services 88%
- Other 0.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Humane Society of Polk County Inc | Winter Haven | $1.2m |
| Providence Animal Rescue League | Providence | $1.2m |
| Waggle Foundation Inc | Hadlyme | $1.2m |
| Oconee County Humane Society Inc | Seneca | $1.2m |