One Heart Nola Inc

Analysis

One Heart Nola Inc is a registered charity in United States, based in Jefferson, LA. It received its IRS tax-exemption ruling in September 2015, 11 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, One Heart Nola Inc reported income of $122k and spending of $84k, leaving 32% of income unspent that year. Across the 3 years on record, from December 2020 to December 2023, income fell from $203k to $122k (-40%), an average of -22% a year. The sharpest change came in the year to December 2022, when income dropped by 41%. Over the whole period it spent 69% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, One Heart Nola Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 41st percentile within LA. Charities of a similar size with the same main cause include Agricultural Incubator Foundation ($122k), Senm Veterans Transportation Network Inc ($122k) and Christian Counsel Associates ($122k).

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 $369k against liabilities of $14k, net assets of $355k.