Hearts Respond

Analysis

Hearts Respond is a registered charity in United States, based in PLS VRDS Est, CA. It received its IRS tax-exemption ruling in October 2019, 7 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 Respond reported income of $240k and spending of $248k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $287k to $240k (-16%), an average of -16% a year. The sharpest change came in the year to December 2023, when income dropped by 16%. Over the whole period it spent 98% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Hearts Respond sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 60th percentile within CA. Charities of a similar size with the same main cause include Port Arthur International Seamens Center ($240k), Good Beginnings ($240k) and South Central Texas Community Foundation ($239k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $163k. At year end it held assets of $12k against liabilities of $0, net assets of $12k. It reported 6 employees.