Hearts & Ears Inc

Analysis

Hearts & Ears Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in July 2001, 25 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 June 2023, Hearts & Ears Inc reported income of $177k and spending of $204k, spending 115% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $181k to $177k (-2.4%), an average of -2.4% a year. Over the whole period it spent 102% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hearts & Ears Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 51st percentile within MD. Charities of a similar size with the same main cause include Mercy Trips Healthcare Outreach ($177k), Peter Frates Family Foundation Inc ($177k) and Global Blood Disorder Foundation ($177k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $23k against liabilities of $19k, net assets of $4,214.