A Union of Golden Hearts Inc

Analysis

A Union of Golden Hearts Inc is a registered charity in United States, based in Santa Clara, CA. It received its IRS tax-exemption ruling in August 2016, 10 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, A Union of Golden Hearts Inc reported income of $94k and spending of $94k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $78k to $94k (+20%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 122% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, A Union of Golden Hearts Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 37th percentile within CA. Charities of a similar size with the same main cause include Asociacion Venezolano Americana de Amistad-Incorporated ($94k), A Is for Africa Ltd ($94k) and Project Hope Ministries ($94k).

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 $66k against liabilities of $0, net assets of $66k.