Connecting Hearts

Analysis

Connecting Hearts is a registered charity in United States, based in Carterville, IL. It received its IRS tax-exemption ruling in May 2019, 7 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Connecting Hearts reported income of $102k and spending of $84k, spending 82% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $89k to $102k (+15%), an average of +15% a year. Over the whole period it spent 104% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Connecting Hearts sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 38th percentile within IL. Charities of a similar size with the same main cause include Geetmala Foundation of Michigan ($102k), Taylor McKeen Shelton Foundation ($102k) and Inland Family Foundation Inc ($102k).

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 $103k against liabilities of $0, net assets of $103k.