Wholehearted Foundation

Analysis

Wholehearted Foundation is a registered charity in United States, based in Leesburg, VA. It received its IRS tax-exemption ruling in March 2016, 10 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, Wholehearted Foundation reported income of $112k and spending of $113k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $93k to $112k (+21%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 21%. 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, Wholehearted Foundation sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 39th percentile within VA. Charities of a similar size with the same main cause include Open Door Christian Homes Inc ($112k), South Asian Workers Center ($112k) and Fishes and Loaves Cooperative Ministries ($112k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $113k against liabilities of $1,766, net assets of $111k.