Conquering Congenital Heart Disease

Analysis

Conquering Congenital Heart Disease is a registered charity in United States, based in Middleton, WI. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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, Conquering Congenital Heart Disease reported income of $292k and spending of $334k, spending 114% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $529k to $292k (-45%), an average of -11% a year. The sharpest change came in the year to December 2023, when income dropped by 55%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Conquering Congenital Heart Disease 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 61st percentile, and in the 61st percentile within WI. Charities of a similar size with the same main cause include Hutchinson Health Foundation ($292k), International Association of Oral and Maxillofacial Surgeons FDN ($292k) and For Students Inc ($292k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $86k (26% of expenses). Other salaries and wages came to $45k. At year end it held assets of $21k against liabilities of $3,610, net assets of $18k. It reported 6 employees.