Heartfelt Dreams Foundation Ltd

Analysis

Heartfelt Dreams Foundation Ltd is a registered charity in United States, based in Bedford, NH. It received its IRS tax-exemption ruling in October 2019, 7 years ago. Its declared purposes cover health care, 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, Heartfelt Dreams Foundation Ltd reported income of $184k and spending of $223k, spending 121% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $114k to $184k (+61%), an average of +27% a year. The sharpest change came in the year to December 2023, when income rose by 63%. Over the whole period it spent 120% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Heartfelt Dreams Foundation Ltd sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 53rd percentile within NH. Charities of a similar size with the same main cause include Your Fathers House Inc ($184k), Hope Is Here Inc ($184k) and Wilmington Carenet Counseling Center Inc ($184k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $8,387. At year end it held assets of $15k against liabilities of $17k, net assets of -$1,939. It reported 1 employees.