Anns Heart

Analysis

Anns Heart is a registered charity in United States, based in Phoenixville, PA. It received its IRS tax-exemption ruling in March 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2024, Anns Heart reported income of $1.5m and spending of $893k, leaving 42% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $274k to $1.5m (+463%), an average of +54% a year. The sharpest change came in the year to June 2024, when income rose by 78%. Over the whole period it spent 76% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Anns Heart sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 82nd percentile within PA. Charities of a similar size with the same main cause include Forget Me Knot Children and Youth Services ($1.5m), Area V Agency on Aging ($1.5m) and Real Change Homeless Empowerment Project ($1.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 94% of the total. Other salaries and wages came to $460k. At year end it held assets of $2.0m against liabilities of $1.1m, net assets of $889k. It reported 23 employees.