A Giving Heart Project Inc

Analysis

A Giving Heart Project Inc is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in July 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Giving Heart Project Inc reported income of $59k and spending of $52k, spending 88% of its income. Across the 3 years on record, from December 2019 to December 2023, income grew from $1,950 to $59k (+2917%), an average of +449% a year. The sharpest change came in the year to December 2022, when income rose by 1377%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, A Giving Heart Project Inc sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 21st percentile within NC. Charities of a similar size with the same main cause include Mosaic Housing Corp Xvi Farmington ($59k), I58 Ministry ($59k) and Volunteer Ventures Ma Inc ($59k).

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 $22k against liabilities of $0, net assets of $22k.