Hearts in Action Inc

Analysis

Hearts in Action Inc is a registered charity in United States, based in Shorewood, WI. It received its IRS tax-exemption ruling in October 2002, 24 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Hearts in Action Inc reported income of $77k and spending of $85k, spending 110% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $81k to $77k (-5.7%), an average of -5.7% a year. Over the whole period it spent 98% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Hearts in Action Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 27th percentile within WI. Charities of a similar size with the same main cause include Harvard College Association Forus-China Relations ($77k), Pbi-Usa ($77k) and Friends of Moldova ($77k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $63k against liabilities of $0, net assets of $63k.