Karing Heartz Community Development Corporation

Analysis

Karing Heartz Community Development Corporation is a registered charity in United States, based in Jonesboro, GA. It received its IRS tax-exemption ruling in September 2017, 9 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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, Karing Heartz Community Development Corporation reported income of $257k and spending of $251k, spending 98% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $140k to $257k (+83%), an average of +22% a year. The sharpest change came in the year to December 2022, when income rose by 114%. Over the whole period it spent 97% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Karing Heartz Community Development Corporation sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 63rd percentile within GA. Charities of a similar size with the same main cause include League of Women Voters of Connecticut Education Fund Inc ($257k), Casa of Western Maryland Inc ($257k) and Kidsafe Collaborative Inc ($257k).

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 $10k (4.0% of expenses). Other salaries and wages came to $28k. At year end it held assets of $6,242 against liabilities of $0, net assets of $6,242. It reported 5 employees.