Mend a Heart Foundation

Analysis

Mend a Heart Foundation is a registered charity in United States, based in Clarendon HLS, IL. It received its IRS tax-exemption ruling in October 2007, 19 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mend a Heart Foundation reported income of $240k and spending of $58k, leaving 76% of income unspent that year. Across the 3 years on record, from December 2019 to December 2023, income grew from $187k to $240k (+29%), an average of +14% a year. The sharpest change came in the year to December 2022, when income rose by 18%. Over the whole period it spent 73% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Mend a Heart Foundation sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 58th percentile within IL. Charities of a similar size with the same main cause include Taylor Hagen Memorial Inc ($240k), Jonesboro Church Health Center Inc ($240k) and Morristown-Hamblen Hospital ($240k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% of the total. At year end it held assets of $319k against liabilities of $9,657, net assets of $309k.