Hearth Patio & Barbeque Education Foundation

Analysis

Hearth Patio & Barbeque Education Foundation is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in February 1983, 43 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Hearth Patio & Barbeque Education Foundation reported income of $677k and spending of $819k, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $533k to $677k (+27%), an average of +6.1% a year. The sharpest change came in the year to December 2021, when income rose by 16%. Over the whole period it spent 100% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Hearth Patio & Barbeque Education Foundation sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within VA. Charities of a similar size with the same main cause include Noho Ny District Management ($676k), One Mission Tuscaloosa County ($677k) and South-Central Idaho Tourism and Recreational Development Assoc Inc ($676k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. At year end it held assets of $671k against liabilities of $195k, net assets of $476k.