Healing Hearts for Community Development

Analysis

Healing Hearts for Community Development is a registered charity in United States, based in Metairie, LA. It received its IRS tax-exemption ruling in August 2006, 20 years ago. Its declared purposes cover mental health and crisis intervention, 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 June 2023, Healing Hearts for Community Development reported income of $199k and spending of $212k, spending 106% of what it took in. Across the 3 years on record, from June 2019 to June 2023, income fell from $330k to $199k (-40%), an average of -22% a year. The sharpest change came in the year to June 2022, when income dropped by 26%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Healing Hearts for Community Development sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 52nd percentile within LA. Charities of a similar size with the same main cause include Inclusive Healers of the Heartland Incorporated ($199k), Henderson Health Care Foundation ($199k) and Positive Vibe Foundation ($199k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 3.7% and program service revenue 83% of the total. At year end it held assets of $251k against liabilities of $48k, net assets of $202k.