Heart for Orphans Inc

Analysis

Heart for Orphans Inc is a registered charity in United States, based in Williamsburg, VA. It received its IRS tax-exemption ruling in June 1997, 29 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, Heart for Orphans Inc reported income of $447k and spending of $521k, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $295k to $447k (+51%), an average of +11% a year. The sharpest change came in the year to December 2020, when income rose by 280%. Over the whole period it spent 76% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Heart for Orphans Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within VA. Charities of a similar size with the same main cause include A Step Ahead Foundation Tri-Cities ($447k), Reach Out Foundation of Bucks Co ($447k) and Faith at Work Ministries ($447k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $183k. At year end it held assets of $1.1m against liabilities of $9,695, net assets of $1.1m. It reported 3 employees.