A Kid at Art for the Heart Inc

Analysis

A Kid at Art for the Heart Inc is a registered charity in United States, based in Chardon, OH. It received its IRS tax-exemption ruling in January 2017, 9 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 July 2024, A Kid at Art for the Heart Inc reported income of $68k and spending of $51k, leaving 25% of income unspent that year. Across the 3 years on record, from July 2022 to July 2024, income grew from $63k to $68k (+8.9%), an average of +4.3% a year. The sharpest change came in the year to July 2024, when income rose by 16%. Over the whole period it spent 73% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, A Kid at Art for the Heart Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 27th percentile within OH. Charities of a similar size with the same main cause include Wonderfest ($68k), Boot Ranch Hall Foundation ($68k) and Friends of the Colonel Benjamin Stephenson House ($68k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 95% and program service revenue 4.8% of the total. At year end it held assets of $65k against liabilities of $40, net assets of $65k.