Children at Heart Foundation

Analysis

Children at Heart Foundation is a registered charity in United States, based in Round Rock, TX. It received its IRS tax-exemption ruling in November 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Children at Heart Foundation reported income of $8.5m and spending of $8.4m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $6.6m to $8.5m (+29%), an average of +6.5% a year. The sharpest change came in the year to December 2022, when income rose by 121%. Over the whole period it spent 72% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Children at Heart Foundation sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 96th percentile within TX. Charities of a similar size with the same main cause include Sattler College Inc ($8.5m), Matthews Charter Academy ($8.5m) and Green Mountain Valley School Inc ($8.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% of the total. At year end it held assets of $128.6m against liabilities of $3.3m, net assets of $125.3m.