Willing Hearts Inc

Analysis

Willing Hearts Inc is a registered charity in United States, based in Cumberland, KY. It received its IRS tax-exemption ruling in August 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 (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, Willing Hearts Inc reported income of $65k and spending of $81k, spending 124% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $72k to $65k (-9.6%), an average of -9.6% a year. Over the whole period it spent 111% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Willing Hearts Inc sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 24th percentile within KY. Charities of a similar size with the same main cause include Advance of Greater Ny Inc ($65k), KVMH Auxiliary ($65k) and Huntington West Virginia Scottish Rite of Frcemasonry Foundation Inc ($65k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 46% and program service revenue 16% of the total. At year end it held assets of $144k against liabilities of $89k, net assets of $55k.