Heart to Honduras Inc

Analysis

Heart to Honduras Inc is a registered charity in United States, based in Xenia, OH. It received its IRS tax-exemption ruling in October 1991, 35 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 to Honduras Inc reported income of $546k and spending of $613k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $777k to $546k (-30%), an average of -8.5% a year. The sharpest change came in the year to December 2023, when income dropped by 20%. Over the whole period it spent 96% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Heart to Honduras Inc 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 72nd percentile, and in the 72nd percentile within OH. Charities of a similar size with the same main cause include Sembrando Sentido Inc ($545k), Blackbox International ($546k) and Transforming Nations ($545k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $100k (16% of expenses). Other salaries and wages came to $121k. It paid $11k in professional fundraising fees. At year end it held assets of $407k against liabilities of $2,417, net assets of $405k. It reported 3 employees.