Wholehearted Home Inc

Analysis

Wholehearted Home Inc is a registered charity in United States, based in West Palm BCH, FL. It received its IRS tax-exemption ruling in September 2017, 9 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Wholehearted Home Inc reported income of $126k and spending of $136k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $136k to $126k (-6.7%), an average of -1.7% a year. The sharpest change came in the year to December 2021, when income rose by 20%. Over the whole period it spent 116% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Wholehearted Home Inc 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 43rd percentile, and in the 47th percentile within FL. Charities of a similar size with the same main cause include Paramedics for Children Inc ($126k), Love in Action Partners Inc ($126k) and JDM Missions Strategies ($126k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $39k. At year end it held assets of $192k against liabilities of $0, net assets of $192k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.