Heart for Winter Haven

Analysis

Heart for Winter Haven is a registered charity in United States, based in Winter Haven, FL. It received its IRS tax-exemption ruling in July 2014, 12 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 December 2023, Heart for Winter Haven reported income of $2.4m and spending of $2.3m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $342k to $2.4m (+605%), an average of +63% a year. The sharpest change came in the year to December 2022, when income rose by 225%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Heart for Winter Haven 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 87th percentile, and in the 89th percentile within FL. Charities of a similar size with the same main cause include Adoptions with Love Inc ($2.4m), Neighborhood House of Milwaukee Inc ($2.4m) and Friends Association for Children ($2.4m).

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 $208k (8.9% of expenses). Other salaries and wages came to $536k. At year end it held assets of $928k against liabilities of $90k, net assets of $838k. It reported 17 employees.