Hearts 4 Minds Inc

Analysis

Hearts 4 Minds Inc is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in June 2020, 6 years ago. Its declared purposes cover mental health and crisis intervention, 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, Hearts 4 Minds Inc reported income of $412k and spending of $258k, leaving 37% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $69k to $412k (+496%), an average of +496% a year. The sharpest change came in the year to December 2023, when income rose by 496%. Over the whole period it spent 72% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hearts 4 Minds Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 70th percentile within FL. Charities of a similar size with the same main cause include Community Ambulance Service Inc ($412k), Arch Street Center Inc ($412k) and Hinri Labs Inc ($411k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $177k against liabilities of $0, net assets of $177k.