Heartstrings Counseling Inc

Analysis

Heartstrings Counseling Inc is a registered charity in United States, based in Loomis, CA. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Heartstrings Counseling Inc reported income of $309k and spending of $334k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $272k to $309k (+13%), an average of +3.2% a year. The sharpest change came in the year to December 2020, when income rose by 57%. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Heartstrings Counseling Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within CA. Charities of a similar size with the same main cause include Cancer Resource Center of the Desert ($309k), North Shore Health Care Foundation ($309k) and Sentio Counseling Center ($309k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.6% and program service revenue 91% of the total. Other salaries and wages came to $140k. At year end it held assets of $84k against liabilities of $8,042, net assets of $76k. It reported 10 employees.