Helping Establish Assistance Resource Team Heart

Analysis

Helping Establish Assistance Resource Team Heart is a registered charity in United States, based in Aptos, CA. It received its IRS tax-exemption ruling in March 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, Helping Establish Assistance Resource Team Heart reported income of $446k and spending of $416k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $827k to $446k (-46%), an average of -14% a year. The sharpest change came in the year to December 2022, when income rose by 86%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Helping Establish Assistance Resource Team Heart sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within CA. Charities of a similar size with the same main cause include Help of Beaufort ($446k), Foundation Cheikh Amadou Bamba of North America ($446k) and Bridges Safehouse Inc ($446k).

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 $26k (6.3% of expenses). Other salaries and wages came to $278k. At year end it held assets of $68k against liabilities of $7,528, net assets of $60k. It reported 11 employees.