Project H E a R T Inc

Analysis

Project H E a R T Inc is a registered charity in United States, based in Shawnee, OK. It received its IRS tax-exemption ruling in September 1984, 42 years ago. Its declared purposes cover food, agriculture and nutrition, 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 June 2024, Project H E a R T Inc reported income of $4.8m and spending of $4.1m, spending 86% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $3.9m to $4.8m (+23%), an average of +5.2% a year. The sharpest change came in the year to June 2023, when income rose by 26%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Project H E a R T Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within OK. Charities of a similar size with the same main cause include National Black Child Development Institute Inc ($4.8m), Asian American Civic Association Inc ($4.8m) and Travelers Aid Society of Philadelphia ($4.8m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 21% and program service revenue 77% of the total. Other salaries and wages came to $1.3m. At year end it held assets of $3.5m against liabilities of $74k, net assets of $3.4m. It reported 76 employees.