A Piece of My Heart Foundation

Analysis

A Piece of My Heart Foundation is a registered charity in United States, based in Altadena, CA. It received its IRS tax-exemption ruling in August 2018, 8 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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, A Piece of My Heart Foundation reported income of $102k and spending of $117k, spending 114% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $41k to $102k (+152%), an average of +152% a year. The sharpest change came in the year to December 2023, when income rose by 152%. Over the whole period it spent 125% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, A Piece of My Heart Foundation sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 40th percentile within CA. Charities of a similar size with the same main cause include Marlboro County Rescue Squad Inc ($102k), Psychiatric Rehabilitation Foundation Inc ($102k) and Construction Industry Alliance for Suicide Prevention ($102k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 80% of the total. At year end it held assets of $5,727 against liabilities of $0, net assets of $5,727.