Hearts of Gold Police Family Outreach Foundation

Analysis

Hearts of Gold Police Family Outreach Foundation is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in September 2019, 7 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hearts of Gold Police Family Outreach Foundation reported income of $190k and spending of $176k, spending 93% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $933k to $190k (-80%), an average of -41% a year. The sharpest change came in the year to December 2021, when income dropped by 87%. Over the whole period it spent 41% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hearts of Gold Police Family Outreach Foundation sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 50th percentile within AZ. Charities of a similar size with the same main cause include River City Residential Club Inc ($190k), Amc Housing Inc ($190k) and Cypress Band and Drill Team Booster Club ($190k).

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 $52k. At year end it held assets of $836k against liabilities of $2,483, net assets of $834k. It reported 1 employees.