Journeys of the Heart Inc

Analysis

Journeys of the Heart Inc is a registered charity in United States, based in Tyler, TX. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Journeys of the Heart Inc reported income of $913k and spending of $874k, spending 96% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $337k to $913k (+171%), an average of +65% a year. The sharpest change came in the year to December 2023, when income rose by 113%. Over the whole period it spent 98% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Journeys of the Heart Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 82nd percentile within TX. Charities of a similar size with the same main cause include Inspirational Triathlon Racing ($913k), Alliance for Girls ($914k) and Teamwork Foundation Inc ($912k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $325k (37% of expenses). At year end it held assets of $184k against liabilities of $0, net assets of $184k.