Hearts Everywhere Reaching Out for Children Inc

Analysis

Hearts Everywhere Reaching Out for Children Inc is a registered charity in United States, based in Roswell, GA. It received its IRS tax-exemption ruling in February 2004, 22 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Hearts Everywhere Reaching Out for Children Inc reported income of $410k and spending of $378k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $441k to $410k (-7.0%), an average of -1.8% a year. The sharpest change came in the year to December 2023, when income rose by 77%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hearts Everywhere Reaching Out for Children Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 71st percentile within GA. Charities of a similar size with the same main cause include Missouri Valley Ambulance Joint Powers Board ($410k), Seleni House Foundation Inc ($410k) and Wild West Access Fund of Nevada ($410k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $112k (30% of expenses). At year end it held assets of $336k against liabilities of $33k, net assets of $303k. It reported 5 employees.