Art with a Heart Inc

Analysis

Art with a Heart Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in February 2001, 25 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Art with a Heart Inc reported income of $3.3m and spending of $2.7m, spending 83% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.2m to $3.3m (+51%), an average of +11% a year. The sharpest change came in the year to June 2022, when income rose by 51%. Over the whole period it spent 83% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Art with a Heart Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 88th percentile within MD. Charities of a similar size with the same main cause include Centerville Community Betterment Inc Zylpha Price House ($3.3m), Larche Tahoma Hope Community ($3.3m) and Dreams for Change Inc ($3.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 44% and program service revenue 53% of the total. Other salaries and wages came to $808k. At year end it held assets of $3.7m against liabilities of $747k, net assets of $3.0m. It reported 24 employees.