Community with a Heart Fund Inc

Analysis

Community with a Heart Fund Inc is a registered charity in United States, based in Ocala, FL. It received its IRS tax-exemption ruling in August 2000, 26 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Community with a Heart Fund Inc reported income of $256k and spending of $142k, leaving 45% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $134k to $256k (+91%), an average of +91% a year. The sharpest change came in the year to December 2023, when income rose by 91%. Over the whole period it spent 76% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Community with a Heart Fund 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 59th percentile, and in the 62nd percentile within FL. Charities of a similar size with the same main cause include Pass It Along Inc ($256k), Cuero Community Foundation ($256k) and Community Chest South Shore ($256k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $233k against liabilities of $0, net assets of $233k.