TR 4 Heart & Soul Inc

Analysis

TR 4 Heart & Soul Inc is a registered charity in United States, based in Bismarck, ND. It received its IRS tax-exemption ruling in May 2016, 10 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 December 2023, TR 4 Heart & Soul Inc reported income of $349k and spending of $245k, leaving 30% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $196k to $349k (+78%), an average of +34% a year. The sharpest change came in the year to December 2022, when income rose by 40%. Over the whole period it spent 79% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, TR 4 Heart & Soul Inc sits at the 59th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 59th percentile within ND. Charities of a similar size with the same main cause include Organization for the Development of the Indigenous Maya - Odim ($349k), Mourning Family Foundation Inc ($349k) and Why Cant We Make a Difference Foundation Inc ($349k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 15% of the total. Other salaries and wages came to $15k. At year end it held assets of $318k against liabilities of $137k, net assets of $181k. It reported 1 employees.