Warm Hearth at Home Inc

Analysis

Warm Hearth at Home Inc is a registered charity in United States, based in Blacksburg, VA. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover health care, 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 September 2023, Warm Hearth at Home Inc reported income of $1.7m and spending of $1.8m, spending 103% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.4m to $1.7m (+26%), an average of +6.0% a year. The sharpest change came in the year to September 2023, when income rose by 50%. Over the whole period it spent 103% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Warm Hearth at Home Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within VA. Charities of a similar size with the same main cause include Open Arms Health Clinic Inc ($1.7m), Greengard Center for Autisim ($1.7m) and Haven Inc ($1.7m).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $796k against liabilities of $1.5m, net assets of -$690k.