H E a R T S Connection

Analysis

H E a R T S Connection is a registered charity in United States, based in Bakersfield, CA. It received its IRS tax-exemption ruling in August 1998, 28 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, H E a R T S Connection reported income of $360k and spending of $338k, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $219k to $360k (+64%), an average of +13% a year. The sharpest change came in the year to June 2022, when income rose by 55%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, H E a R T S Connection sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 67th percentile within CA. Charities of a similar size with the same main cause include Helping Hands Society of Hazleton Area Schuylkill and Carbon County ($360k), East County Solutions ($360k) and Bastrop County Cares ($360k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.4% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $33k (9.7% of expenses). Other salaries and wages came to $187k. At year end it held assets of $195k against liabilities of $17k, net assets of $179k. It reported 6 employees.