Southeastern Ohio H E a R T Inc

Analysis

Southeastern Ohio H E a R T Inc is a registered charity in United States, based in Patriot, OH. It received its IRS tax-exemption ruling in April 2018, 8 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Southeastern Ohio H E a R T Inc reported income of $173k and spending of $154k, spending 89% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $127k to $173k (+37%), an average of +11% a year. The sharpest change came in the year to December 2022, when income rose by 102%. Over the whole period it spent 110% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Southeastern Ohio H E a R T Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 51st percentile within OH. Charities of a similar size with the same main cause include St Francis Home ($173k), Albert Lea Senior Housing Inc ($173k) and Wesley Developments ($173k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 58% of the total. Compensation of current officers, directors and key employees was $37k (24% of expenses). At year end it held assets of $1.7m against liabilities of $7,846, net assets of $1.7m. It reported 2 employees.