Hearts That Hope USA

Analysis

Hearts That Hope USA is a registered charity in United States, based in Lynden, WA. It received its IRS tax-exemption ruling in March 2017, 9 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Hearts That Hope USA reported income of $87k and spending of $63k, leaving 28% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $105k to $87k (-18%), an average of -18% a year. The sharpest change came in the year to December 2023, when income dropped by 18%. Over the whole period it spent 88% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Hearts That Hope USA sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 28th percentile within WA. Charities of a similar size with the same main cause include Wartburg Boys and Girls Club Inc ($87k), Waverly-Shell Rock Boys Basketball Club ($87k) and Foundation for Scalable Innovations in Education ($86k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $26k against liabilities of $0, net assets of $26k.