Healing Hearts Respite Foundation

Analysis

Healing Hearts Respite Foundation is a registered charity in United States, based in Haymarket, VA. It received its IRS tax-exemption ruling in April 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, Healing Hearts Respite Foundation reported income of $87k and spending of $65k, leaving 25% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $77k to $87k (+13%), an average of +13% a year. Over the whole period it spent 62% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Healing Hearts Respite Foundation sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 32nd percentile within VA. Charities of a similar size with the same main cause include Clean Water in Africa Inc ($87k), Lions Club of Warren Township Foundation Inc ($87k) and Rising Hope Foundation ($87k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 44% of the total. At year end it held assets of $148k against liabilities of $1,383, net assets of $147k.