Heart for Honduras

Analysis

Heart for Honduras is a registered charity in United States, based in Tomball, TX. It received its IRS tax-exemption ruling in March 2001, 25 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 for Honduras reported income of $292k and spending of $165k, leaving 43% of income unspent that year. Across the 3 years on record, from December 2019 to December 2023, income grew from $71k to $292k (+313%), an average of +103% a year. The sharpest change came in the year to December 2022, when income rose by 368%. Over the whole period it spent 87% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Heart for Honduras sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 65th percentile within TX. Charities of a similar size with the same main cause include Acres of Hope International Inc ($292k), Sourceflix Inc ($292k) and Solarbuddy Inc ($292k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $189k against liabilities of $336, net assets of $188k.