Hearts You Hold

Analysis

Hearts You Hold is a registered charity in United States, based in East Thetford, VT. It received its IRS tax-exemption ruling in March 2019, 7 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, Hearts You Hold reported income of $105k and spending of $78k, leaving 25% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $82k to $105k (+29%), an average of +29% a year. The sharpest change came in the year to December 2023, when income rose by 29%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hearts You Hold sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 29th percentile within VT. Charities of a similar size with the same main cause include Morehead Gateway Helping Hands ($105k), Recovery Coalition Inc ($105k) and Buckaroo Foundation Inc ($105k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $93k against liabilities of $12k, net assets of $81k.