Wounded Heart Foundation Inc

Analysis

Wounded Heart Foundation Inc is a registered charity in United States, based in Flat Rock, MI. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Wounded Heart Foundation Inc reported income of $150k and spending of $147k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $200k to $150k (-25%), an average of -6.8% a year. The sharpest change came in the year to December 2020, when income dropped by 23%. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Wounded Heart Foundation Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 47th percentile within MI. Charities of a similar size with the same main cause include Peter Snyder Ministries ($150k), The Quan Am Buddhist Monastery ($150k) and Global Reach Ministries Inc ($150k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $5,633 against liabilities of $0, net assets of $5,633.