Heart House

Analysis

Heart House is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in December 2000, 26 years ago. Its declared purposes cover human services, 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 December 2023, Heart House reported income of $460k and spending of $542k, spending 118% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $844k to $460k (-45%), an average of -14% a year. The sharpest change came in the year to December 2022, when income dropped by 32%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Heart House 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 69th percentile, and in the 73rd percentile within TX. Charities of a similar size with the same main cause include Community Center for Life Inc ($460k), City Youth Now ($460k) and Southampton Daycare Ctr Inc ($460k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $63k (12% of expenses). Other salaries and wages came to $270k. It paid $7,290 in professional fundraising fees. At year end it held assets of $197k against liabilities of $12k, net assets of $185k. It reported 12 employees.