Benevolent Hearts

Analysis

Benevolent Hearts is a registered charity in United States, based in Little Rock, AR. It received its IRS tax-exemption ruling in April 2019, 7 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Benevolent Hearts reported income of $182k and spending of $172k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $123k to $182k (+48%), an average of +10% a year. The sharpest change came in the year to December 2023, when income rose by 30%. Over the whole period it spent 91% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Benevolent Hearts sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 52nd percentile within AR. Charities of a similar size with the same main cause include Vernon Carey Foundation Inc ($182k), St Thomas Aquinas Tutorial Inc ($182k) and Tillies Touch ($182k).

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 $58k against liabilities of $0, net assets of $58k.