Heartland Residence Inc

Analysis

Heartland Residence Inc is a registered charity in United States, based in Johnson City, TN. It received its IRS tax-exemption ruling in June 1987, 39 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 2024, Heartland Residence Inc reported income of $78k and spending of $59k, leaving 25% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $73k to $78k (+6.6%), an average of +6.6% a year. 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, Heartland Residence Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 29th percentile within TN. Charities of a similar size with the same main cause include Main Street Ozark Inc ($78k), Foster Love ($78k) and Mary Diana Samuel Corporation ($78k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 53% and program service revenue 47% of the total. At year end it held assets of $56k against liabilities of $66k, net assets of -$11k.