Heart Valve Voice US

Analysis

Heart Valve Voice US is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in January 2017, 9 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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 December 2023, Heart Valve Voice US reported income of $256k and spending of $232k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $423k to $256k (-39%), an average of -12% a year. The sharpest change came in the year to December 2020, when income rose by 79%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Heart Valve Voice US sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 33rd percentile within DC. Charities of a similar size with the same main cause include Canyon Crisis Center ($256k), A Smile for Kids ($256k) and On Our Own of Howard County Inc ($256k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $52k (22% of expenses). At year end it held assets of $152k against liabilities of $14k, net assets of $138k. It reported 1 employees.