Seva Heart Foundation

Analysis

Seva Heart Foundation is a registered charity in United States, based in Pittsford, NY. It received its IRS tax-exemption ruling in April 2018, 8 years ago. Its declared purposes cover health care, 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, Seva Heart Foundation reported income of $77k and spending of $70k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $60k to $77k (+28%), an average of +28% a year. The sharpest change came in the year to December 2023, when income rose by 28%. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Seva Heart Foundation sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 30th percentile within NY. Charities of a similar size with the same main cause include Kids Haven a Center for Grieving Children ($77k), Will S Way ($77k) and Scientific Network on Female Sexual Health and Cancer Incorporated ($77k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $25k against liabilities of $18k, net assets of $7,416.