Blazing Hearts

Analysis

Blazing Hearts is a registered charity in United States, based in Appleton, WI. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Blazing Hearts reported income of $865k and spending of $844k, spending 98% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $473k to $865k (+83%), an average of +35% a year. The sharpest change came in the year to December 2023, when income rose by 44%. Over the whole period it spent 101% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Blazing Hearts sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within WI. Charities of a similar size with the same main cause include Blue Tide Aquatics 081894 ($865k), Loyola Academy Hockey Club Inc ($865k) and Aim High Academy Inc ($863k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.9% and program service revenue 95% of the total. At year end it held assets of $40k against liabilities of $22k, net assets of $19k.