Heartstrong Inc

Analysis

Heartstrong Inc is a registered charity in United States, based in Olathe, KS. It received its IRS tax-exemption ruling in June 2019, 7 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Heartstrong Inc reported income of $263k and spending of $285k, spending 108% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income grew from $228k to $263k (+15%), an average of +4.8% a year. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Heartstrong Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within KS. Charities of a similar size with the same main cause include Latin America Mennonite Project ($263k), Lone Pine Ministries ($263k) and Dennis Agajanian Ministries ($263k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% and program service revenue 54% of the total. Compensation of current officers, directors and key employees was $172k (60% of expenses). Other salaries and wages came to $2,340. At year end it held assets of $18k against liabilities of $22k, net assets of -$3,756. It reported 2 employees.