Black Heart Association

Analysis

Black Heart Association is a registered charity in United States, based in Grand Prairie, TX. It received its IRS tax-exemption ruling in April 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Black Heart Association reported income of $504k and spending of $485k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $275k to $504k (+83%), an average of +83% a year. The sharpest change came in the year to December 2023, when income rose by 83%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Black Heart Association sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 75th percentile within TX. Charities of a similar size with the same main cause include Improving Renal Outcomes Collaborative ($504k), Green Mountain Recovery Foundation Inc ($504k) and Daymark Pastoral Counseling Inc ($504k).

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 $152k (31% of expenses). Other salaries and wages came to $105k. It paid $1,000 in professional fundraising fees. At year end it held assets of $151k against liabilities of $92k, net assets of $59k. It reported 3 employees.